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


To: Casaubon who wrote (49842)5/8/2000 11:11:00 PM
From: el paradisio  Respond to of 99985
 
Cassaubon,my system is not based on triangles It is based on
dynamic charts patterns and balancing. I am using so called FIX data and VARIABLE data.
In the fix data, I included most of the indexes,30 year bond,dollar index,Adv/Decl,VIX,Naz Emini SP Emini,CSCO,MSFT and GE.
In variable data, I included stocks heavy weighted on DOW and NDX.
Now I will be trying to balance the strengh of Indu against Nasdaq.When Indu will start to recover,that should help Nadaq.In the same time I am looking for the strongest indexes and stocks and will try to balance them with the weakest one.
el