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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 672.04

-1.7%

Nov 13 4:00 PM EST

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To: Jerry Olson who wrote (29933)	10/15/1999 10:47:00 PM
From: donald sew	Read Replies (5) of 99985

Jerry, >>>> whats the index reads at this level???? <<<< I cant go into alot of detail, since I still have to S,S&S for my trip to Asheville. I have CLASS 1 BUY SIGNALS on the DOW and SPX, but not on the NAZ, which is only in the oversold region. The CPI is on TUESDAY, and the TRADE DEFICIT REPORT on WED, so on a subjective basis these 2 reports may delay the response to by BUY SIGNAL. Im only looking for a small bounce but a nice rally from there. Im not saying new highs, but that the rally should be significant enough. Ill go into more detail when I get back, since I am also suspecting a "W" formation. I am suspecting that we are getting close to an significant bottom in terms of time. seeya seeya

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