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


To: William B. Kohn who wrote (4611)1/23/1999 6:05:00 AM
From: donald sew  Respond to of 99985
 
Bill,

As mentioned earlier my CLASS signals are derived from a mathimatical formular I developed, which measures short-term extremes.

CLASS 1 - most extreme, with buy-in time at the next days lows or highs(whether its a buy or sell signal) after the signal ring. Chance of further movement before reversal is slim.

CLASS 2 - at extreme level but not as extreme as a CLASS 1, with the buy-in time at the next days lows or highs. The chance is greater of further movement befor a reversal.

Keep in mind that my system is not linear. Most systems are linear, where it requires some sort of reversal move before ringing. I developed my system to attempt to identify the precise turning point before it happens. I am satisfied with the timing, but unfortunately I am not satisfied with the price targeting, still working on that portion. Mathematically I just cant seem to tie a price target with the timing, since Im getting infinite variables, at least not yet.

Seeya