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

To: stockycd who wrote (39)	12/2/1998 11:22:00 PM
From: HairBall	Read Replies (2) \| Respond to of 99985

MDA Made it to the top of the Hot Subjects list its first night! Regards, LG

To: stockycd who wrote (39)	12/3/1998 1:33:00 AM
From: Richard J. Byrd	Read Replies (1) \| Respond to of 99985

Stockycd: < I don't pay significant attention to the futures until 9 am. > I agree. Lately, it seems that the overnite futures are less and less of an indicator of the day's activities, except in the extreme. If the futures are up or down 10 or more at midnite, it probably will be a predictor of the coming trading day or at least the first half of the day. However, when they are up 5 or down 5 at midnite it does not seem to correlate with how the market is going to do. Has anybody done something more scientific on this? Dick