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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.70

+0.7%

Nov 26 4:00 PM EST

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To: Lee Lichterman III who wrote (20486)	7/19/1999 9:55:00 PM
From: donald sew	Read Replies (1) of 99985

Lee and all, The minimum requirement of the CLASS 1 SELL signal on the NAZ has already been fulfilled, that is not to say that it cannot continue down further. Also keep in mind that the DOW never got to a CLASS 1 SELL signal so its reversal to the downside is also a slight hint of greater negativity in the DOW. Again, not expecting a large selloff for this specfic downswing by any means. Seeya

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