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


To: Les H who wrote (3186)1/1/1999 5:23:00 PM
From: HighTech  Read Replies (1) | Respond to of 99985
 
It looks like there will be a big-time small cap run.

What other indicators do you use and could you provide us
with updates, particularly on market action?

TIA

HiTech



To: Les H who wrote (3186)1/1/1999 5:26:00 PM
From: HighTech  Read Replies (1) | Respond to of 99985
 
I have an AIQ market ticker (similar to composite symbol with breadth computed such as advance/decline, high/low, TRIN) for the OTC 15 Most Actives Index (ticker: OTX).

Could you explain what this is in more detail? What is the specific calculation, how do you come up with 100-0 as a buy signal, etc. How long have you been doing this? (Backtested?)

HiTech