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


To: dennis michael patterson who wrote (10302)4/8/1999 3:07:00 PM
From: Elroy Jetson  Read Replies (2) | Respond to of 99985
 
I took that line from Jerry Favors last Fall. When the Bradley changes direction in an up market it predicts the market will go down... except when it goes up, and then Favors called it an inverse-Bradley which predicted an even greater move up than what preceded it.



To: dennis michael patterson who wrote (10302)4/8/1999 5:09:00 PM
From: Dennis J.  Read Replies (1) | Respond to of 99985
 
Dennis. Thanks for posting your exchange notes with James Smith of PEI. His post helped clarify what was said in his article of 4/5, and now we just watch which way she goes.

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Dennis Johnson