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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%Nov 17 4:00 PM EST
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To: bobby beara who wrote (28334)10/4/1999 2:02:00 PM
From: donald sew  Read Replies (2) of 99985
 
Hi,

Surprisingly I got CLASS 2 SELL signal for the SPX and DOW, but thats not to say that I think that they will selloff right now but that if GREENSPAN does not raise rates or change the bias, the forthcoming rally may not be as strong as most expect.

If we close at the HIGHS then I would get a CLASS 1 SELL signal in 1-2 days if the market continues up, so we are already near a short-term top.

Its hard to believe that my system is moving so fast.

seeya
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