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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.47

+0.6%

Nov 28 4:00 PM EST

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To: Lee Lichterman III who wrote (24854)	9/3/1999 6:22:00 PM
From: donald sew	Read Replies (4) of 99985

Lee, >>>>> Tuesday continuation up. Wednesday up to 723 or more but IT MUST CLOSE AT LEAST AT 723. This would give a sell signal on my system and the pattern looks pretty plausable. Tuesday is a non day as far as importance as long as it is not higher than the Wednesday close and Wednesday closes above 723. It is too hard to explain but my system uses waves, time and price so if Tuesday were to spike up too hard, it would make Wednesday's signal more difficult unless Wednesday was also a strong up day. <<<<< No disrespect, but you are starting to sound like Jerry Favors. gggggggggggggggggg seeya

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