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

To: Ron who wrote (63248)	11/28/2000 11:37:00 AM
From: HairBall	Respond to of 99985

Ron: So far the thread has been pretty good at catching the market turns. Of course, like any good forum for debate, there will always be folks on opposite ends. The trick is to know who to listen to and when...<g> No single key exists...try reading dimpled chads...<g> The goal is to identify trend changes before during or slightly after the turns....close works! Regards, LG

To: Ron who wrote (63248)	11/28/2000 11:52:25 AM
From: Les H	Read Replies (1) \| Respond to of 99985

momentum oscillators seem to bottom out about every two months for the NDX...should be early December, perhaps next week but expect at least a double bottom in December askresearch.com all opinions subject to error and this is less appropriate to day-trading or long-term oriented trades, closer to swing positions. but this is closest I could find online to the cyclical oscillators I have on my desktop software that are showing the same cyclicality of two months. Tradingtech has been charting same 45-day cyclicality for the QQQ at their site markets.tradingtech.com under Stocks

To: Ron who wrote (63248)	11/28/2000 12:19:24 PM
From: jmootx	Read Replies (1) \| Respond to of 99985

The weekly VIX is forming a pennant something not seen since the first quarter of 1996. Back then it broke down, allowing for a rally, but it was trading at very low levels rising from 15 to form a pennant at 20. With the VIX trading consistently at 30 today makes this market very uncertain in my opinion. It has helped that many fourth quarter earnings disappointments are getting priced in now, but what about the scenario that more investors are facing cap gains on large cap mutual funds that are showing losses for 2000? That would sure influence one scenario to let the VIX hit 40 or above before going long.