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


To: chuck weir who wrote (11195)4/15/1999 11:39:00 PM
From: James Strauss  Read Replies (2) | Respond to of 99985
 
Chuck:

The McClellan Summation index is in a definite uptrend... It's like a Super Tanker that moves slowly... It takes a lot for it to change direction... Right now, the direction is up and above the 200 day MA... This tells me to ignore any short term market fluctuations because the primary trend is up... When in doubt, I usually go with the primary trend...

Jim