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Strategies & Market Trends : MDA - Market Direction Analysis

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To: Lee Lichterman III who wrote (24745)	9/3/1999 10:29:00 AM
From: donald sew	Read Replies (2) of 99985

Lee, Don't forget about the 3-CROWs. Most will expect that it has been negated, but what most wont realise is that the it wont be negated until the the top/beginning of the 3-CROWs is broken to the upside during this specific upswing. For the DOW that would be around 11,350. On the other hand the longer this upswing lasts, even if the TOP of the 3-CROWs is not taken out, the effects of the 3-CROWs will lessen. I was just looking at the calendar and if we do get a CLASS SELL signal towards the middle of next week - well thats not too far from my CYCLE TOP near SEPT 13. Sept 13 is the Monday of expiration week, and expiration week is normally an up/flat week. I guess it will also depend on where the MAX-PAIN is during expiration week. If we are too high above the MAX-PAIN then that could have a negative effect and vice-versa. seeya seeya

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