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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 689.17+0.2%Dec 11 4:00 PM EST
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To: Lee Lichterman III who wrote (24156)8/30/1999 2:36:00 PM
From: donald sew  Read Replies (2) of 99985
 
Lee,

If we close at these levels where the DOW is down about 100, I will be starting to get oversold readings, but not yet CLASS BUYs.

If we continue down TUE and WED, I will probably start to get CLASS BUY signals.

This has been a strong negative 3-DAY PATTERN which imples further negativity, but that does not mean we cant get a little bounce.

seeya
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