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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: Matthew L. Jones who wrote (31170)	10/23/1999 11:55:00 AM
From: donald sew	Read Replies (3) of 99985

Matt, >>>> Didn't you have class one sell signals yesterday morning? Maybe it was someone else. What is a "class 1" or "class 2" sell or buy signal? Is it generated by some particular system? In all of my reading, I haven't come across the "class" buys or sells. I was wondering if it is P&F generated or what <<<< I have probably stated how my class signals work, maybe a hundred times over the last 2 years. I developed the system myself which is not linear and unconventional. It attempts to measure the extremes in either the overbought or oversold region and is only for the short-term(1-5 days). It is normally only good for the initial move and in terms of the DOW a minimum of 150 points although it did get as low as 75 once in 3 years. For a $50 stock it is normally good for a 1-3 point move. My signals work on a BUY-IN WINDOW, which I know for sure that I have mentioned over and over. The CLASS 1 SELL signal rang on FRIDAY and that was around noon when the DOW was down about 125, if I recall correctly. The sell signal BUY-IN window is from that time until the next days highs. The selling could start immediately which it has on some occasions or wait till the next day. Keep in mind that it is not linear and is trying to nail the top or bottom. So the BUY-IN window is normally a 24 hour period. I wish I could get it closer than that, and if I did I would not be posting on SI but be on a mountain for the rest of my life. ggggggggggg. There are some clues which narrow that 24 hour period, which I do not mention all the time, but basicly its 24 hrs. And there is a difference between a CLASS 2 and a CLASS 1. seeya

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