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


To: Jorj X Mckie who wrote (38487)1/28/2000 11:09:00 PM
From: HairBall  Read Replies (2) | Respond to of 99985
 
JXM: I saw your response to Dorsey on the QCOM thread. His comment was that volume doesn't matter in P&F. This is still holds true

I know, I was just kidding him and you...<g> However, I think volume is important enough that I choose to not use P&F. I first tinkered with P&F back in the mid eighties, it did not work as well for me as the combination I use now. I must admit my stuff is more complicated, but I think it is more leading.

Anyway, my read that the accelerated rise from Oct into Y2K was distribution, has been confirmed.

I never call charts negative, but they are interesting. I will pick few to post.

Regards,
LG