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


To: Skipperr who wrote (33907)11/21/1999 7:31:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 99985
 
Excellent post.. I couldn't have said it better myself.....<g> also, thanks for posting those sites... I've been watching Walt's work for more than 20 years now, Walt is no Johnny-come-lately..... when he had his commodities cycles trading advisory business better that 20 years ago, he and I had some great conversations about the reliability of market cycles and their tradability... the guy is very bright.....

GZ



To: Skipperr who wrote (33907)11/21/1999 8:14:00 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 99985
 
Skipper, good for you!!



To: Skipperr who wrote (33907)11/21/1999 8:40:00 PM
From: HairBall  Read Replies (2) | Respond to of 99985
 
Skipperr: Thanks for that contribution. It is nice to see a bull step up to the plate and support his or her position with more than just saying, "look how much money I have made".

Now the "few" regular bulls on this thread that DO support your positions with analysis don't be offended, I am not talking about you.

Ok, bulls let's help Skipperr balance the MDA thread. What we really need is this type of analysis BEFORE the big up moves, not after. Dig in your heals and stand your ground by continuing the supportive dialog.

Thanks again Skipperr.

Regards,
LG



To: Skipperr who wrote (33907)11/22/1999 11:07:00 PM
From: Lost1  Read Replies (1) | Respond to of 99985
 
Mucho Bueno Skipper. I agree that we aren't near a top. Not even short term. Here is a P&F Bulllish percent chart for the OTC. We're at midfield with lots of room before we penetrate the red zone, at which point one might get a little more defensive..ie...lock in/protect profits:::

74 | | | | | | | 74
72 | | | | | X | | 72
70 ----+-----+---+---+---------+---X O --------------+-------------------------70
68 X | | | X | X O | 68
66 2 C O | | 8 | X O | 9 A | 66
64 X O X O | | X O X O | X O | X 64
62 X O X 2 | | 7 O 5 6 | 7 O X X | 1 O 62
60 X 3 X O A +---+-X A X O ----+---X O 3 O --------X O X O X ------------------60
58 X O X O 9 O | X O 4 O | X O X O X O X 2 7 O 58
56 X O X O 8 O | 6 O X O A 1 6 O X 5 X C O X O 56
54 1 4 X O 5 C 9 | 5 O 2 O X O C O X O X O X | O X O 54
52 X O B 4 X 4 X O 4 O X 7 X O X O X O X O X | O 5 8 52
50 X O 9 O X O X O X B X O 9 O X 3 X O X 6 --------X +---O X O ----X ----------50
48 O X O O X B X C X O X O | O X O X O X | O X O X X 48
46 O 8 O X O 2 1 O X | O X O 2 O 7 B | O X O X O X 46
44 O X O 8 C X | O X | O X C X O X O X | O 4 O X O B 44
42 6 X O X O X | O 8 | O 5 O X O X O X | 3 X O 9 X 42
40 --O +-----O X O --+---O X --+-4 X 1 --O --O ----X +---O X ----O X ----------40
38 | 5 | | O X | O X | 8 X | O A 38
36 | | | | O | O | O X | 36
34 | | | | | | O X | 34
32 | | | | | | O X | 32
30 ----+-----+---+---+---------+-----+-------O X --X +-------------------------30
28 | | | | | | O X O X | 28
26 | | | | | | O X O X | 26
24 | | | | | | 9 X A X | 24
22 | | | | | | O X O X | 22
20 ----+-----+---+---+---------+-----+-------O X O X +-------------------------20
18 | | | | | | O X O | 18
16 | | | | | | O X | 16
14 | | | | | | O X | 14
12 | | | | | | O X | 12
10 ----+-----+---+---+---------+-----+-------O ------+-------------------------10

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