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


To: Gary Wisdom who wrote (32274)11/4/1999 5:55:00 PM
From: Les H  Respond to of 99985
 
decisionpoint.com

Looks like the Rydex fund switch has mostly played itself out already.

Note also the new subscription announcement on the home page decisionpoint.com .



To: Gary Wisdom who wrote (32274)11/4/1999 6:26:00 PM
From: pater tenebrarum  Respond to of 99985
 
Gary, this analysis forgets to mention the fact that the momentum leaders were never 'taken down hard' in the latest correction. at least i didn't notice that they were...:)

but i agree with the rally expectation anyway...at least until expiration.

regards,

hb



To: Gary Wisdom who wrote (32274)11/4/1999 7:08:00 PM
From: donald sew  Respond to of 99985
 
Gary,

That chart is not statistically viable, since it only shows 3 repeated patterns. Thats not to say it wont work, just that I would not put a whole lot on it. Now if that pattern was repeated 30+ times, then there is some validity.

I also notice that Bernie Shaeffer is correlating a low reading with 2 higher readings. Im not familiar with that chart and do not know if that large of a divergence disqualifies it or not.

seeya