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

To: Vitas who wrote (36932)	1/7/2000 5:42:00 AM
From: bearshark	Read Replies (1) \| Respond to of 99985

Vitas: I briefly looked at a couple of his notes on the loop-de--loop. It appears that he uses variations of the ARM's index. I use similar analysis and it is very useful, and together with other data, quite accurate. As you also know, I have shown that the 5-day ARMs by itself is not very reliable. The ARM's offers the opportunity to explore the interaction of issues and volume. I only use it for the NYSE because the Nasdaq is too speculative. I have found that using the components of the ARM's together and alone is an art. The loop-de-loop fellow appears to have explored the ARM's in different ways. Anyone that works with the ARM's index and its elements is worth listening to.