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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: JG who wrote (24135)8/30/1999 5:02:00 PM
From: Gersh Avery  Read Replies (1) | Respond to of 99985
 
What I watch ..

1. direction of the S&P 500 index.
2. TA formations within the SPX.
3. Candle formations in the SPX.
4. Trends in the value of the dollar. (been watching that for years)
5. Trends in the 30 year bond.
6. mutual fund cash flows.

Who I watch.

People who have a good track record of market calls.
Seems like most of them are right here.

Methods.

My 401 consists of seventeen funds and "fixed interest" areas to select from.

When I move funds from one to another the place I do business with has a three day limit to complete the transaction.

That's three days for either transaction ie: from fund A to fund B, or from fund A to cash (fixed interest option).

When Don pops up with a class sell, then I look at the three day patten. I try to determine if it will be a day two hard sell or a day three hard sell.

If I'm in cash I'll put in a buy order timed to complete at the close of either day two or 3. I can do this by placing the order in either before or after noon. Typicaly if I place the order in after noon I'll get the closing price at the end of day three.

If I'm invested, I move from one fund to another. When I do this there is one day that the funds are in limbo. I try to time that limbo day to hit one of the hard down days. My target then is to have more shares of the fund when it's all said and done.

How often do I move?

Well .. from July 21 until Aug 10 I bounced between funds five times. The last bounce had 8/10 as the limbo day .. nice.

Watching the various things going on now today I put in an order to move from an SPX kind of fund to a foreign fund. I should get tomorrows close price for the sell and Thursday close price for the foreign buy.

last note .. ignore don at you own risk .. I've lost a lot of money doing just that<g>

Gersh