MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

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Nov 14 4:00 PM EST

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To: snake who wrote (29360)	10/13/1999 12:45:00 PM
From: donald sew	Read Replies (1) of 99985

Snake, Yep. As for the market, I just got SHORT-TERM OVERSOLD readings on the DOW & SPX, but the NAZ is only in the MID-RANGE. Please keep in mind that such signals are not price targets but are on the basis of time. It would take about 1-2 more days to get a CLASS 2 BUY SIGNAL and 2-3 days to get a CLASS 1 BUY signal. In that time period the market could be slightly down or down big, so thats just to explain that my signals are really not focused on price targets. I would also like to explain that I have notice that even when my short-term technicals are in either the overbought or oversold region, price moves in these regions can still be extreme. seeya

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