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


To: KY who wrote (41460)2/26/2000 10:46:00 AM
From: HairBall  Respond to of 99985
 
KY: My read on distribution and accumulation by the "big boys" is subjective, but it involves volume and price action. The big boys can be stealth like and sometimes it is in your face. I think the recent distribution in the Dow Indices was in your face. I pointed out the distribution from late Oct 98 into mid Jan of this year by first posting a chart of the COMP in late November 98. I subsequently posted the chart several times continuing to point this out.

I will be updating my charts this Sunday evening along with my first I-35 Road Kill Trading System Update this year. I will point out what I am seeing.

If you do not have my web site bookmarked, you can find a hyper link in my profile.

Regards,
LG