MDA - Market Direction Analysis

[augieboo]

"Any model or indicator that works and becomes
publicly exposed, will soon stop working".
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Warp, I have to disagree, for several reasons:

1. Da Boyz have essentially unlimited $$ to spend on
computers, programmers, scientists, etc. The chance of us
ever coming up with something that they have't already though
of has to be just about nil.

2. The average mid-sized hedge fund probably trades more
volume than all of us day-trading fools combined -- let alone
the really BIG BOYZ. If every day-trader in the world
started using the same system it probably wouldn't even be
noticed in terms of volume. Sure, the specialists would
probably fade us, but they do that anyway, which is why many
traders avoid trading NYSE stocks in the first place.

3. If TA ideas that got passed around became invalidated, I
wouldn't be able to post the following four charts, on which
the recent rally was quite accurately predicted by the plain-
vanilla MACD, using STANDARD settings!









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With that said, I can understand why those who develop nifty
tricks of the trade would not necessarily wish to give away
their hard work. After all, we are not communists! {g}









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