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


To: umbro who wrote (46817)4/16/2000 8:45:00 PM
From: el paradisio  Respond to of 99985
 
Umbro,It is still experimental stage.
I call it "dynamic structure of chart patterns and balancing" As an example On Wed,I was balancing the strength of DOW against NAZ.As long DOW was acting strong,it could help in NAZ recovery-and that what happened on Thu,when Naz advanced 150 points in the morning.
The Key issue is what to balance with what.DOW/TRAN,
NDX with CSCO/AOL/WCOM/DELL.
You have to find the strongest Indexes and stocks and you balance it with the weakest.
I hope that explains the base,in practice you have to have
some experience, how to read it.
el paradisio