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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 652.53-1.5%Nov 20 4:00 PM EST

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To: pater tenebrarum who wrote (21129)7/26/1999 4:19:00 PM
From: donald sew  Read Replies (2) of 99985
 
Heinz,

I have a negated BUY signal on the NAZ/NDX, but the BUY signals on the DOW/SPX are not yet negated, just late.

Im still expecting a bounce, and have CLASS 1 BUY signals on most of the foreign markets, so if they rebound tonight it may help some since the selloff in the foreign market was a reason for todays poor performance.

I agree that the rebounds should be sold. Subjectively, believe that we should see a rebound latest after GREENSPANs talk on WED. Seeya
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