MDA - Market Direction Analysis

[wahz]

LG,

It goes without saying that a group of folks convinced that they can just follow backwards the chart of the 1990s nasdaq, may need some help, iF they take it as gospel, and aren't aware it can break down.

Having said that, they have been deadly accurate..deadly, and this ramp was actually expected, since we got very far under max pain. Furthermore, I am impressed that Jeff seems open to other probabilities should they get off the track of their map.


Truly, I wonder if it hasn't taken someone quite a bit off kilter to come up with something that has worked great in this very unusual environment because: 1.the normal stuff isn't working well and 2.The person following the unusual application of known ta would have to be cocksure of themselves to perform greatly.


My own opinion is they are about to be shocked that this is the bottom, but I am open to the possibiity that a retest of this months low may fail next year.