MDA - Market Direction Analysis Message Board

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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: HairBall who wrote (28566)	10/6/1999 5:32:00 PM
From: donald sew	Read Replies (1) of 99985

LG, Today could still be attributed to the end of month rally, which extends 3-5 days into the month. Was listening to guy from Paine Webber who explained it that at the beginning of the month new funds come into the market. So if lets see how the follow-thru will be tomorrow, and since I did get CLASS 1 SELL signals again Im expecting some sort of a top tomorrow. However, I am turning a bit bullish since I did get to CLASS 1 SELL signals in a row and that the LONG-LEGGED DOJI was negated, so Im not expecting that the forthcoming short-term pullback to be that strong. seeya

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