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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 674.96+0.9%4:00 PM EST

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To: donald sew who wrote (24361)9/1/1999 10:05:00 AM
From: Les H  Read Replies (1) of 99985
 
The author had a good point about how much more useful it is when it occurs near the top of a strong rally. The indexes were so overbought, I still haven't gotten sell crossover signals on the MACD or SK-SD (stochastic) indicators (although 21d Stochastic, 14d RSI, MFI, and AIQ signals have already triggered a week ago).
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