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

To: HairBall who wrote (12408)	4/29/1999 1:17:00 PM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 99985

I haven't seen any of those you mentioned here or on the Kahuna thread etc. The TICK I am referring to reflects all issues on the NYSE. Since yesterday morning, it has been showing that the majority of issues ticking down were growing. It always cycles which is why I watch it when trying to put a trade on. I find it more useful than the index itself since it shows what my odds are in being with the trend. Regardless, we started this cycle downward and shoulkd end it near the end of today or tomorrow morning, when the trend reverses it usually spikes such as yesterday when the TICK shot up 600 points positive while the TRIN was swinging signalling bear. I knew it was significant but couldn't remember why, I do now <g> That was the signal that the majority of issues would start TICKing negative. My question was would the positive swing in issues over all affect the DOW stocks and how. Your point that coincides with Don's that I interpret to mean that the same money is just rotating around leaves me in limbo as to if this will mean that the up ticks will move into more broad moves inthe beaten down stocks that are still inthe DOW like GE etc or will it return to the NASDAQ as you say and bring the DOW down. I guess the only real answer is to wait and see but I expect to see a spike up inthe DOW either at the end of today or tomorrow. I just hope it doesn't invalidate Don's sell signal since I have a play almost worked out based on his forecast and my charts. I just need to check a few more things then decide when to pull the trigger. Good Luck, Lee

To: HairBall who wrote (12408)	4/29/1999 9:35:00 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 99985

Hi LG OT I'm here .. just been working two jobs lately. Thanks for asking about me. I've been kinda pulling back lately. I think that I've found what I'd been looking for. Now it's time to implement the plan. For the time being the plan requires me to put in 80 hour weeks for about 2.5 years. At that time I should be able to kick back and just run my ratchet play. I'm still reading (at least scanning) most things written here. Some things that I'd love to respond to, but just don't have the time to. Bearshark, heinz and others that were commenting about the strain on the markets that fast trades is placing on the system .. look at the chart "volatility" on my MDA page. In addition to the two jobs, posting my updated charts every night, monitoring my ratchet run (paper for the next 2.4 years), and keeping current with this thread, I have another project that I've been working on .. a little surprise for you and several others here <g>. Happy trades everybody. Oh yeah .. I think that it was Lee .. re 4 screens .. I cheat <g> Gersh