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

To: Bull RidaH who wrote (9666)	4/2/1999 9:01:00 PM
From: Vitas	Read Replies (1) \| Respond to of 99985

Janek, Unsolved Mysteries on CBS Friday night is a special on Financial Astrology. 9pm est Vitnek

To: Bull RidaH who wrote (9666)	4/2/1999 9:12:00 PM
From: bobby beara	Read Replies (1) \| Respond to of 99985

BK, is that your mug, i thought i saw that picture pasted on the wall of my local sheriff station -gggghorselafffgggg- I have been struggling with the wave counts from the October low. I believe the problems lies in that the market is out of sync since the July top and so many stocks in a bear market creating a fuzzy pattern in the index. I agree with your count on the late november and early january tops being 1 & 3, but I beleive the March 3rd bottom was significant, as the nasdaq saw a significant reversal there out of a possible H&S pattern breakdown (bonds saw a reversal there also) and would prefer to call that an abcde correction on the spx from the 1/8 high. from there i'm lost, this whole thing is all mixed up, if you look at the nasdaq trading range out of the feb low, it looks like a corrective trading range, not an impulsive move. in april 98 and july 97 we had a coincident topping of many stocks at the same time, now at different times according to their fundamental backdrop.

To: Bull RidaH who wrote (9666)	4/2/1999 9:31:00 PM
From: SE	Respond to of 99985

David, Man....what the heck is that? Dude.....unreal. You gotta get rid of the background color on those charts! Looks like I puked up a cookie. -Scott PS - cute photo! ROFLMAO! :) SPS - Thanks for the charts. That is great. Now I can finally follow you along. I tell ya one thing, it was quite comical if you saw me reading your prior posts and trying to map out the waves on the charts.....should have done a video clip of that one! LOL!

To: Bull RidaH who wrote (9666)	4/2/1999 10:57:00 PM
From: Casaubon	Read Replies (4) \| Respond to of 99985

LG, The MDA site looks awesome! Many thanks to all the contributors. Gersh, I would like to start trading my 401K the way you seem to be going about it. The only problem is I have a very few funds to choose from. They cover a number of diferent styles of fund management from small cap to large cap and foreign, but I'm afraid they may be too broad to take action based on specific indices. Unless I look at the top 10 holding and correlate them with an index. Any insight would be helpful. Can you trade specific indices from your 401K? I'm probably going to be roling some of my 401K into an IRA (roth?) to start trading some of these moves, any comments or suggestions would be appreciated. L3, your class buy and sell signals are ranked by strength, so the higher the number the stronger the signal, right? If I wanted to buy shares of an index, how would I go about that. And are options available for the indices? I've only dealt with individual stocks. Thanks for the education. All opinions are appreciated on any of these questions. EDIT> The NYSE %bullish chart looks pretty good, anyone care to comment about that?

To: Bull RidaH who wrote (9666)	4/3/1999 12:38:00 AM
From: HammerHead	Read Replies (1) \| Respond to of 99985

when MDA.COM will be IPO ?

To: Bull RidaH who wrote (9666)	4/3/1999 10:44:00 AM
From: Jurgen	Respond to of 99985

Thanks for the charts, David. It will be a lot easier to follow your thoughts. I like the cute tiger suit though i thought you'd be trading naked. But my mother-in-law loves your photo. She said you looked like the younger brother of her insurance broker. Have you ever worked for Statefarm ? I'm sure you could sell a lot of life insurance packages <gggggg> jurgen

To: Bull RidaH who wrote (9666)	4/3/1999 5:00:00 PM
From: yard_man	Read Replies (1) \| Respond to of 99985

Couldn't see you chart for some reason -- could you check the link? Never mind -- I found it. Yes, much better than your gobbeldy gook. Ya oughta be in pictures ...<g>

To: Bull RidaH who wrote (9666)	4/3/1999 8:56:00 PM
From: Jack Luo	Read Replies (2) \| Respond to of 99985

David, Excellent charting in e-wave section. And good-looking face too, I am wondering if any gal read this thread? <g> One comment and one question on your SPX e-wave charts: Agreed with your reading on wave 1 to wave 3, but not the 2nd flat correction. My understanding is that a bull market flat correction should be a (low) -> b (high) -> c (low). The way that you marked the 2nd flat correction makes it become a bear market flat correction which is a (high) -> b (low) -> c(high) wave pattern. Correct me if I am wrong. I agree with you on the large intervening A-B-C flat (3-3-5) correction. Here is my question: Is it possible that wave 5 is already completed on March 31 when the Market rallied and SPX rushed to 1313 during the opening. Since it failed to break 3/18 all time high, how about we call it "Bull Market Failure," an Elliott failure pattern when wave 5 failed to exceed the top of wave 3. Notice that wave B can be considered as a part of wave 3 since wave 3 usually is the longest of five waves. In the 2-week SPX chart, wave 5 breaks down into the required five waves and its corresponding a-b-c corrective phase is also completed. If the above reasoning holds, your wave 2 (pink color) could actually be a part of wave A of the larger e-wave pattern started from last Oct low. I do not feel very convinced that this is the case because a short time length and small magnitude of wave 5, compared with wave 1. Therefore, a continuation of wave 5 is very likely as you pointed out in the 2-week chart. According to the symmetrical triangle in the 2-week chart, we shall find out as soon as on Monday. Given the "not-too-bad" March job and payroll report, SPX should break the top declining line and move out of the symmetrical triangle with a heavy volume. However, if it doesn't break out, it may be in trouble. The direction of the overall market is getting more and more interesting now. I am spending more time to read this thread. A lots of good posts and analysis here. Again, thanks for your and others' effort to post these charts. Keep the good stuff coming! BTW, you should change your handle to Bull King and yield the Bear King crown to Bobby. <g> Jack