MDA - Market Direction Analysis

[deuce bigalow]

JCCI stood for Jim Cramer Contrarian Index. <<<<<

-lol-, i remember a tome by cramer around august-sept 00 titled 1994 redux, that was the consensus at the time that the trading range of 2000 was going to be like 94 -lol-

but there are times he has been right, he got bearish just as the market was topping out in march 00, you really can't count on anybody as an indicator because anybody that calls the market is going to be on the wrong side of it a fair share of the time, the only way to stay on top of it is too manage risk and cut your losses quick when your wrong.

he's been screaming bullish lately, but things look much different on this rally, than they have in a long time.


here is an interesting look at the vix consolidation
http://www.traders-talk.com/site/mb/show_topic.asp?id=41595&folderid=1