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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: donald sew who wrote (26551)9/22/1999 6:57:00 PM
From: Challo Jeregy  Read Replies (1) of 99985
 
Donald,

yesterday you were close to getting a class 2 buy on the dow . . .

Message 11318190

Im only expecting a relatively small bounce, if it does bounces off
10,550, and selling to continue there after.


. . . with more downside to go . . .

Message 11318248

Since we bounced around between 10494 and 10606, closing at 10524,
was that the small bounce you were looking for? If so, should we expect a class 1 buy or has it been fulfilled?

The reason I'm asking is that a local TA'er that I follow here in LA on TV showed the McOscillator actually turned up ever so slightly today, with a little "wiggle" (for a lack of a better term, I copied that from GZ <g>, but don't know if it would meet his definition).

He said that would indicate a dramatic move in the market within the next 2-4 days. Whenever he says that, dramatic moves do happen.
I'm trying to determine the direction. <g>

In the past, when you get class 1 buy or sell signals, and he says that, we get monster moves. I always seem to miss them cause I expect the opposite from what happens. <ggg>
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