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

To: David Lee Smith who wrote (48086)	4/25/2000 6:48:00 PM
From: Casaubon	Read Replies (1) \| Respond to of 99985

why would you stop posting?

To: David Lee Smith who wrote (48086)	4/25/2000 7:08:00 PM
From: Stcgg	Respond to of 99985

MonumentuMonkey.. members.home.net >><<

To: David Lee Smith who wrote (48086)	4/25/2000 7:19:00 PM
From: el paradisio	Read Replies (1) \| Respond to of 99985

David Lee, Today's rally has to be confirmed and it is difficult to make any firm judgment at this point, just my opinion. BTW,I don't now,how you could generate -19% signal for today.... el paradisio

To: David Lee Smith who wrote (48086)	4/25/2000 8:18:00 PM
From: pater tenebrarum	Respond to of 99985

OT, David, i tried to look at your mo-mo model at your site, and am getting strange messages about needing a viewer to look at your stuff. can you perhaps point me to what i need to download? thanks, hb

To: David Lee Smith who wrote (48086)	4/25/2000 8:22:00 PM
From: HairBall	Read Replies (3) \| Respond to of 99985

David Lee Smith: First of all I never asked you to stop posting on this thread. I only asked you to stop spaming your web site and your Monkey Indicator. You said: If the stock market has a serious rally by the end of this week I will gladly quit posting on your thread and go away! But if the market has a serious decline, I would hope you would eat this "spam" and become a MomentuMonkey fan! It seems you only want to post to MDD is you can spam your web site. By the way, I would call a almost 70 point rally in the SPX a serious rally. You said your Monkey gave a sell signal yesterday 4/24 a month after the top on 3.24 and after the SPX had declined as much as (13.75%) at the low on 4/14. Did you happen to notice that a serious decline has been in progress before the Monkey sell signal? After I asked you to stop spaming you replied you were doing a service to this thread. You also said: the original model has been negative on the stock market since December of 1997. Clearly, there needed some adjustments to today's market environment! Clearly your original model missed a lot of the hyper bull market in the SPX. You also said: In the fourth quarter of 1999, I made some serious adjustments to the model. I added a growth valuation and a momentum component. I also added a US dollar adjustment. Since that time, there have been no buy signals. Clearly your new model missed significant upside movement in the SPX. You say you got a sell signal at the close yesterday 4/24 because you got a (-18.5%) reading. But on your new "How to Use the MomentuMonkey" it clearly alludes to below a (-15%) as a significant signal. Your web site reveals a reading below (-15%) on 4/19 (-17.4%). I asked you several times how readers of MDD could benefit by visiting your web site and how do we know when a buy or sell signal is rendered? How do we benefit from this "service" you are doing for this thread? You never replied. However, after you post today, I took a look at your web site to read your "How to use MomentuMonkey"... You said: IT IS NOT THE ABSOLUTE PRICE TARGET THAT MATTERS, BUT THE AMOUNT THE TARGET PRICE IS AWAY FROM THE CURRENT PRICE. TARGET PRICE IN EXCESS OF -15% HAS BEEN ASSOCIATED WITH VIOLENT DOWNWARD MOVES IN THE STOCK MARKET IN THE SHORT TERM. A NEGATIVE READING OF LESS THAN 0 BUT GREATER THAN -15%, IS USUALLY A DULL FLAT TO DOWNISH MARKET. The model has not issued a buy signal since it was revised and I do not have enough history to give much guidance when it gives a positive reading. For example, will a reading of 0 to +15% be a short-term buy signal or a longer term one? Will a +15% or more be associated with a short-term buy signal. I don't know. I will watch the model and make those judgments as I get to know that side of the model in the future.READING OF LESS THAN 0 BUT GREATER THAN -15%, IS USUALLY A DULL FLAT TO DOWNISH MARKET How does one use that? Then if a reading is (-15% or less) you say...PRICE. TARGET PRICE IN EXCESS OF -15% HAS BEEN ASSOCIATED WITH VIOLENT DOWNWARD MOVES IN THE STOCK MARKET IN THE SHORT TERM Clearly you Monkey combining both old and new models have not generated a buy signal since Dec 1997. I still can't tell how someone can effectively use your Monkey indicator! Frankly you say you don't know when a buy signal is rendered. You are vague about what a (0 > -15%) readings implies and give little guidance about what to do when a reading below (-15%) is generated! David please stop spaming your Monkey web site on this thread. It has received more attention than any other web site ever posted on this thread. Enough please... Regards, LG