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

To: set who wrote (432)	12/4/1998 4:50:00 PM
From: Magnatizer	Respond to of 99985

set Tried to post how to construct them a few times. Did not work. Wrote a manual explaining how to construct them, mixed results. Final choice is to give seminars, will happen soon. As far as using them the best explanation I can give is they are trendlines with jazz. In other words, they do everything normal trendlines do but with a few extras. To keep it simple I will leave it at using them as trendlines as that is 90% of their usefulness. I try to note which magnets (which are horizontal and permanent) and magnet trendlines (which are most often sloped, some are horizontal) carry more significance in my market magnet updates. Surfing through the market magnet posts on the 56 thread will help one to identify those which I feel are stronger than others. Also, indexes and stocks generally react strongly one way or the other preceding a magnet trendline crossover. I make sure to note them in the market magnet updates. If you have any questions, feel free. ht david