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

To: Ibexx who wrote (60609)10/14/2000 3:58:17 PM
From: OX  Respond to of 99985
 
glad you liked it. I'll see about doing the same for NDX (and INDU).

it's hard to take anything definitive from just one day, but such a strong 1-day gain is noteworthy.

I hesitated displaying the 60-day gain, since (as another poster noted) the 1990's have been a major bull run. I actually have data going back farther, but didn't run it all yet.

the data does seem to give pretty good odds for further near-term upside, but says nothing about running to new highs (which, IMHO, I rather doubt).



To: Ibexx who wrote (60609)10/14/2000 5:36:14 PM
From: John Carson  Read Replies (1) | Respond to of 99985
 
OX,

Ditto Ibexx. Nice work. I was wondering the same thing you were since I have 30 OCT puts on QQQ bought at close on Friday. After seeing your tables, I will probably sell sometime on Monday. All I want and expect is a little pullback, may not get it though, yur tables suggest it might happen.


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