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


To: Vitas who wrote (5793)2/8/1999 10:00:00 PM
From: Vitas  Respond to of 99985
 
Date S&P500 volume mcratio SummIdx
01/04/57 46.66 10620 11.11 -525.97
01/11/57 46.18 11870 24.44 -501.53
01/18/57 44.64 11510 0.89 -500.64
01/25/57 44.82 10500 8.94 -491.70
02/01/57 44.62 9050 -0.16 -491.86
02/08/57 43.32 10440 -23.32 -515.18
02/15/57 43.51 11950 -22.11 -537.28
02/22/57 43.48 6960 -17.69 -554.98
03/01/57 43.74 8270 -2.57 -557.55
03/08/57 44.07 9050 11.94 -545.60
03/15/57 44.05 8280 18.05 -527.56
03/22/57 44.06 8060 18.83 -508.72
03/29/57 44.11 8560 19.06 -489.66
04/05/57 44.49 9740 28.29 -461.37
04/12/57 45.04 11990 40.16 -421.20
04/19/57 45.41 8670 38.08 -383.13
04/26/57 45.50 13410 30.98 -352.15
05/03/57 46.34 12060 35.70 -316.45
05/10/57 46.59 12070 36.67 -279.78
05/17/57 47.15 13090 37.99 -241.78
05/24/57 47.21 11180 26.06 -215.72
05/31/57 47.43 8680 17.16 -198.56
06/07/57 47.65 11230 7.93 -190.63
06/14/57 48.15 12730 8.18 -182.46
06/21/57 47.15 10900 -21.68 -204.14
06/28/57 47.37 9490 -19.86 -223.99
07/05/57 48.69 9260 6.99 -217.01
07/12/57 49.08 13250 8.74 -208.26
07/19/57 48.58 11130 -4.95 -213.22
07/26/57 48.45 9040 -13.83 -227.05
08/02/57 47.68 8880 -29.07 -256.12
08/09/57 46.92 9420 -47.78 -303.90
08/16/57 45.83 9810 -67.42 -371.32
08/23/57 44.51 9920 -84.49 -455.81
08/30/57 45.22 10000 -62.13 -517.93
09/06/57 44.68 5490 -59.53 -577.46
09/13/57 44.80 9150 -47.69 -625.15
09/20/57 43.69 8180 -61.44 -686.59
09/27/57 42.55 12650 -80.19 -766.79
10/04/57 42.79 8070 -59.35 -826.14
10/11/57 40.94 15650 -84.99 -911.12
10/18/57 40.33 13170 -90.49 -1001.61
10/25/57 40.59 20800 -84.11 -1085.72
11/01/57 40.44 9950 -68.19 -1153.91
11/08/57 40.19 9670 -56.23 -1210.14
11/15/57 40.37 11680 -33.90 -1244.04
11/22/57 40.87 12510 -8.44 -1252.48
11/29/57 41.72 12320 16.95 -1235.54
12/06/57 41.31 11070 18.77 -1216.77
12/13/57 40.73 11480 12.99 -1203.78
12/20/57 39.48 13170 -11.10 -1214.88
12/27/57 39.78 9910 0.77 -1214.10


01/02/98 975.00 2398390 -19.23 1141.57
01/09/98 927.69 2917190 -53.41 1088.16
01/16/98 961.51 3168139 -30.55 1057.61
01/23/98 957.58 3088700 -44.05 1013.57
01/30/98 980.28 3296460 -36.68 976.88
02/06/98 1012.45 3376638 -20.38 956.50
02/13/98 1020.09 2898873 -21.48 935.03
02/20/98 1034.21 2915581 -21.75 913.28
02/27/98 1049.34 2967070 -16.79 896.49
03/06/98 1055.69 3157779 -9.46 887.03
03/13/98 1068.59 3095478 -8.20 878.83
03/20/98 1099.16 3151006 -4.16 874.66
03/27/98 1095.44 3075091 -13.68 860.99
04/03/98 1122.70 3143522 -9.11 851.88
04/10/98 1110.67 2613884 -13.70 838.18
04/17/98 1122.72 3210106 -11.50 826.68
04/24/98 1107.90 3248879 -28.16 798.52
05/01/98 1121.00 3265727 -21.38 777.14
05/08/98 1108.14 2857515 -30.92 746.21
05/15/98 1108.73 2943985 -40.21 706.01
05/22/98 1110.47 2664414 -46.92 659.08
05/29/98 1090.82 2347017 -52.24 606.84
06/05/98 1113.86 2827740 -43.47 563.38
06/12/98 1098.84 2936866 -56.30 507.08
06/19/98 1100.65 3250836 -56.57 450.52
06/26/98 1133.20 3011553 -39.55 410.97
07/03/98 1146.42 2487855 -13.91 397.06
07/10/98 1164.33 2972276 -7.87 389.19
07/17/98 1186.75 3272792 -5.10 384.09
07/24/98 1140.80 3363372 -34.27 349.82
07/31/98 1120.67 3273748 -51.57 298.24
08/07/98 1089.45 3810325 -62.19 236.06
08/14/98 1062.75 3340481 -70.72 165.34
08/21/98 1081.18 3235162 -68.41 96.93
08/28/98 1027.25 3666244 -90.81 6.12
09/04/98 973.89 4663260 -95.21 -89.09
09/11/98 1009.06 3200948 -73.59 -162.68
09/18/98 1020.09 3705850 -48.45 -211.13
09/25/98 1044.75 3715966 -30.10 -241.24
10/02/98 1002.60 4007669 -35.35 -276.59
10/09/98 984.39 4588587 -56.34 -332.93
10/16/98 1056.42 4143931 -18.33 -351.26
10/23/98 1070.67 3777223 3.48 -347.78
10/30/98 1098.67 3500226 22.59 -325.19
11/06/98 1141.01 3746872 46.38 -278.81
11/13/98 1125.72 3231921 28.99 -249.82
11/20/98 1163.55 3346757 36.09 -213.73
11/27/98 1192.33 2367214 42.29 -171.43
12/04/98 1176.74 3695593 31.53 -139.90
12/11/98 1166.46 3497823 17.79 -122.11
12/18/98 1188.03 3764081 13.94 -108.17
12/25/98 1226.27 2357387 19.76 -88.42
01/01/99 1229.23 2339740 35.44 -52.98
01/08/99 1275.09 4420650 37.93 -15.05
01/15/99 1243.26 4116389 12.04 -3.01
01/22/99 1225.19 3321236 3.07 0.05
01/29/99 1279.64 4237286 3.30 3.35
02/05/99 1239.40 4219020 -8.61 -5.26



To: Vitas who wrote (5793)2/8/1999 10:37:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
Vitas: The oscillator, unlike the prior situations, never reached the 60 area, which might indicate a thrust situation, and in fact has also ticked below the zero line.

What is a thrust situation?

Regards,
LG



To: Vitas who wrote (5793)2/9/1999 12:47:00 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 99985
 
>>we have this time stalled at the zero line and have ticked back down below zero.<<

I had to pull out my straight edge to make sure but if you ignore that spike up on the NASDAQ issue summation chart around September, we also just stalled at an imaginary trendline of the last three tops. Again you have to ignore that spike up on the first top before the October correction but it is almost exact.

Hmmm, maybe we should watch that chart close on the next rally. Lower tops mean .....

Lee



To: Vitas who wrote (5793)2/10/1999 10:14:00 PM
From: Vitas  Read Replies (1) | Respond to of 99985
 
1957 summation chart has been posted at Monty's site.

The horizontal line at the bottom is the summation level that we bottomed at in October 1998. Ostensibly, it was a 4 year cycle bottom, after the previous cycle bottom in 1953.

The summation failed on the market's recovery high, at around -200, and then a sharp drop below the previous bottom ensued.

The pattern now looks strikingly similar. In addition, we are at a similar point in the 23 year cycle - 15 years after the 1942 launch of that superbull, and 17 years after the 1982 launch of this superbull.

Vitas.