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

To: HairBall who wrote (1115)	12/9/1998 11:15:00 PM
From: Monty Lenard	Read Replies (5) \| Respond to of 99985

LG, I have been seeing some really strange happenings in my scans for the last week or so and have been unable to figure out what it was. Money just moving around from day to day from one index to another. S&P 100 to Russell 2000 to Naz 100 to S&P 100 to S&P 600 and on and on but no particular one really showing strong change one way or another. Except the internuts and a few tech stocks. What I am wondering is this. What if there is no NEW money coming in and what I am seeing is OLD money just moving around supporting one spot one day and another spot the next day and so on?? There just may not be enough money to hold or move them all at the same time...just enough to support one one day and a different one the next. Definitely a lot if divergences going on. Does this make any sense?? Something really smells but I just can't find it. If what I proposed above is true this thing may be in serious trouble. Monty

To: HairBall who wrote (1115)	12/10/1998 2:13:00 AM
From: Jon K.	Read Replies (2) \| Respond to of 99985

What an awesome web sites! Thanks LG, I book marked all of them. Just breezing through these sites took me 2 hours. I will go back later and study them. If you think this site is useless why are you here? I suggest with your pre-conceived notions, that you may well be better off not wasting your time reading such a useless thread. Heck, why did you join SI? It sounds like you are a bit angry with some of my questions <gg> I am sorry if I pissed you off. As you can see this dummy is not good with words. (Truly I have no intention of demeaning this thread. Even though I didn't understood fully what you guys were talking about, I knew you guys were good, otherwise would I spend my valuable time posting here?) I am just a dumb ass curious about new things AND brave enough to ask stupid questions. I'll bet there are hundreds of dummies and newbies like myself who have book marked this thread but afraid to ask questions. (I can almost hear their applauding for me asking the stupid questions for them. -g-) Maybe I should start a new sister thread call "MDA for dummies" (Then your thread won't be crowded with dumb questions) Would you care to help out time to time? I've started one dummy site called "ADSL for dummies" and to my surprise, like MDA thread, this thread was on 'hot list' for almost a week. It proves there are many newbies out there eager to learn new things. I am just trying to learn something new here with OPEN mind... that's all. Again, thanks LG. Jon

To: HairBall who wrote (1115)	12/12/1998 12:42:00 AM
From: Vitas	Read Replies (1) \| Respond to of 99985

LG: Is that a Texas phenomenon: shoot first and ask questions later? >>>If you think this site is useless why are you here?<<< Vitas

To: HairBall who wrote (1115)	12/12/1998 9:29:00 PM
From: Jon K.	Read Replies (2) \| Respond to of 99985

***** MDA/TA for Newbies - Help page ****** Helpful web site recommended by LG: chartpatterns.com decisionpoint.com hardrightedge.com smotass.net equis.com angelfire.com Books: Recommend by SE: * Market Wizards - Jack Schwager, 1993, $12 * The New Market Wizards - Sequel, 1994, $12 Recommend by Debra Orlow: * Timing the Market - Cutis Arnold, 1993, $18 * Technical Analysis of Stock Trends - Edwards & Magee, 1997, $52 * Trading as a business - Charlie Wright, (free) omegaresearch.com Recommend by David J: * Using Technical Analysis - Clifford Pistolese, 1994, $20 Recommend by L3 aka L3: * Technical Analysis Explained - Martin Pring, 1991, $35 (AMZN) * Trading for Living - Alexander Elder, 1993, $42 * Electronic Daytrader - Friedfertig & West, 1998, $25 ** New book by Martin Pring might be a good choice for newbies -Martin Pring's Indtroduction to T/A Includes CD rom seminar & workbook, 1998, $40 ---------------------- I ordered Market Wizards, Using Tecnical Analysis, Technical Analysis of Stock Trends, and Martin Pring's Introduction to T.A. And of course the free book "Trading as a business". If anyone wants my comments on above books, please send PM.