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

To: Doug R who wrote (2708)	12/23/1998 7:50:00 AM
From: Jan Robert Wolansky	Read Replies (1) \| Respond to of 99985

Doug, you may be right. I've found E-wave theory to be good at identifying the ranges in which you will find resistance and support. It doesn't always nail the end of waves though, and if the market blows through the resistance or support, GET will renumber the waves to fit reality. Nevertheless, a short-term trader can extract alot of value by knowing where and when to switch gears and by knowing what needs to happen to negate an outlook. I'm more concerned about what will happen over the next 3-4 weeks so I can act accordingly; I'll handle 5-10 weeks from now in the future, when I have more information. What do your indicators suggest will happen over the next 10 weeks? Jan