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


To: Doo who wrote (36567)1/4/2000 11:49:00 AM
From: pater tenebrarum  Read Replies (1) | Respond to of 99985
 
Jeffrey, it usually denotes duration only...at times, the market actually mirrors also the extent of the move in the Bradley, but not always. one also has to keep an eye out for possible inversions, sometimes the Bradley and the market move in opposite directions, which is why i always stress that one should consult other indicators to confirm the likely direction after turning points. the Bradley is no panacea, it doesn't always work...but the turning points often work remarkably well.

hb