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


To: Chris who wrote (54)12/3/1998 12:52:00 AM
From: donald sew  Respond to of 99985
 
Chris,

My system is not linear, so most systems which are linear in their analysis requires movement in the direction to signal a reversal.

The most important criteria for my system is actually time, and it is designed to predict the day of the turning point, not the price. Once I get the day of the turnaround, then I use that to try to determine price by using moving average, support/resistance lines, trendlines, etc.

My CLASS SIGNALs are also only good for the initial pop and does not forcast continuation - thats when I have to revert to my mid-term analysis which consists of different indicators or parameters.

So there will be on many occassions where my signal will be totally contrary to market belief.

Thanks for your input.

Seeya