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


To: dennis michael patterson who wrote (1929)12/15/1998 5:05:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
dennis: What do you use for software?

Well for End of Day I am currently using WOW Pro. For intraday...due to my data feed limitations currently...I am using DBC StockEdge Online. However, this may change soon.

And do you find divergences/major differences between the INDU and NDX?

Warning to all. Do not read further until you have read this warning: If the inference of manipulation offends your sensitivities, causes you to become irrational, expect debate on demand and or become violent, please click past this post!

Yes, I have found that at Market turns medium and long term, one often finds divergences between major Indices. Of course, divergence in and of itself is not a pivot signal. However, I think the Big Boys like to see divergence as it makes calling Market direction more difficult. Individual investor's pockets are more easily picked in this environment.

I expect the IND/DJI to ultimately lead.

EDIT: Keep an eye on the RUT and TRANS.

(All Disclaimers Apply)

BWDIK
Regards,
LG