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

To: James Strauss who wrote (12728)	5/3/1999 1:52:00 PM
From: Challo Jeregy	Read Replies (1) \| Respond to of 99985

James, I noticed your post about the Mcc Summ index and wanted to point something out - the McC Osc and McC Summ work in tandem with each other. The oscillator is short term, summation is long term. As long as the oscillator is above 0, the summation index will go up. As soon as the oscillator crosses under the 0 line, the summation will turn down. The oscillator has been going down for the past couple of days, but the summation keeps going up because the oscillator is above 0. Short term, perhaps starting tomorrow, we could have a "pullback". Longer term still looks good. JMO, Challo