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

To: Patrick Slevin who wrote (301)	12/4/1998 10:29:00 AM
From: Challo Jeregy	Read Replies (2) \| Respond to of 99985

Morning Patrick. There are two indicators: the McClellan Oscillator and the McClellan Summation Index. The oscillator is more short term, 1 to 3 weeks. The summation is longer term. I've watched both of them for over a year, particularly with more interest since the Oct 97 drop, and I have found that they are excellent indicators for determining market direction. JMO, Challo