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

To: Les H who wrote (62698)11/17/2000 11:22:43 AM
From: virtualsignal  Respond to of 99985
 
Good, by the way it sounds like a nice indicator. Today is an important day for the Nas, lets see how it plays out.



To: Les H who wrote (62698)11/17/2000 2:05:16 PM
From: d j chen  Read Replies (1) | Respond to of 99985
 
Les,

I look at the total dollar volume of QQQ, SPY and DIA
comparing against recent average. If it gets close to
to 200% it's a good buying time, if it drops to close
to 60% after a run-up, be careful.
This has worked really well recently.

Les, could you post yesterday's market/sector journal?

Thanks in advance.

DJ


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