Replies to post #4048 on MDA - Market Direction Analysis (MDA)

[John R. Haley]

I used to think it was the shortest of the 1, 3 & 5's. But I just looked it up and it says: "Wave 2 never moves beyond the start of wave 1; wave 3 is never the shortest wave; wave 4 never enters the price territory of wave 1."

Best to all,

JRH

[MarketTurmoil]

Augie this might sound crazy but have you ever done a analysis of the impact technically of meetings upon the structure of the basis of a stock. What I'm trying to say I think gg is the following. Brcd is having 2 meets this week and the stock is ramping up it appears into the meets. Now lets say that the meets give enough thrust that the stock breaks a down trend line do you take this technically as a break out of sorts or do you look at this in a weak way because of the cause of the break out which I find as more of a play by the company to move the stock a little. Probably a simple question but I use to be famous for them when I was a kid. lol

Thanks

MT