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


To: John Pitera who wrote (79331)6/29/2001 12:05:48 AM
From: IndexTrader  Respond to of 99985
 
Hi John,
I seems like Terry approaches his work more from an academic than a commercial viewpoint. I suspect he already made his fortune, as his T-Theory told him to go long after the 1987 crash. He pretty much stayed that way until last year. Now he is patiently awaiting the next bull market. His concept is very simple & elegant. The market advances for the same time period as the cash build up phase that precedes it. The T marks the transition. His primary focus is on analyzing the cash build up phase. He believes we already have 3+ years, but it's not done yet.
Susan