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


To: donald sew who wrote (12898)5/5/1999 9:38:00 AM
From: bearshark  Read Replies (2) | Respond to of 99985
 
Don:

Yesterday, I mentioned that the current bull run had 20 days to go. This period will mark the approximate top of the current intermediate move. There will be a lag in time between this top and the absolute get-out point.

So within 19 days I believe we will make a top and then begin the process of letting the air out and preparing for the real decline. Like anything else, this may end up being completely wrong. I went back to check on the other points that I found on my spreadsheet and they follow. These are the get-in or get-out point after the top or bottom was formed.

10/15/98--get-in
7/20/98--get out
1/28/98 --get-in
10/24/97--get out
4/30/97--get in

The above is helpful for identifying significant events. These are the types of moves I am interested in and that I trade. The above is but one process I use but it is better refined with others. For example, 3/1/99 was a screaming buy using a variety of other information.