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

To: Monty Lenard who wrote (3265)	1/4/1999 8:14:00 PM
From: Zeev Hed	Read Replies (1) \| Respond to of 99985

Monty, that is what we call fine tuning the market hour by hour. And by the way, note the lunch hour effect, more then 60% of the time it is a good contrary indicator of the trend near closing. When the professional are out to lunch, and the amateurs go to watch the tape and trade between 12:00 and 1:00. And this is not a joke, it is a significant effect, particularly around near term turns in market general direction (here I gave up one of my turnips' short terms indicators ....) VBG. Zeev