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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%Nov 14 4:00 PM EST

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To: Challo Jeregy who wrote (26549)9/21/1999 3:37:00 PM
From: donald sew  Read Replies (5) of 99985
 
Challo,

If the DOW closes at its lows, I will have a CLASS 2 BUY signal on only the DOW. 1-2 more down days and I should get a CLASS 1 BUY signal. Im not expecting a big bounce but there should still be a bounce.

Some important supports have been taken out to the downside and the market internals are really getting bad. The forthcoming bounce should be sold.

seeya
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