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

To: Gersh Avery who wrote (6327)	2/13/1999 6:38:00 PM
From: James F. Hopkins	Respond to of 99985

Gersh; I agree, I was just referring to the way of I understand some basic general priorities or rules to apply and use in handicapping the broad market. -------------- And how not to get the cart in front of the horse. Many different disciplines or system may work, and I think a person has to find what fits them best. ---------------- I used the turn up point ( or false rally ) as it's easy to understand, & one can extrapolate from that. Or perhaps inverse it at tops to get short signals. You may not see the signal all that often, as it don't happen that much but it's a good one, if it don't play out every time it's got a very high percent. I doubt we ever find absolutes that always hit 100% , but that one is dam close. And it can be stated in the negative to keep it simple Market reversals to the upside are not lead by the smaller caps. Almost never, I would say never ever but that's asking a lot of any market rule. ----------------- Jim