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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 665.67-0.9%4:00 PM EST

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To: F Robert Simms who wrote (33726)11/19/1999 8:12:00 AM
From: donald sew  Read Replies (1) of 99985
 
Robert,

>>>> If the SPX goes down tomorrow, in sync with your class sell, then would that make it a delayed reaction to a sell which would indicate a smaller than normal dip? <<<<

On Wed we did get a small BLACK DAY, so there was a timely response. Yesterdays upside reaction could be interpreted as a retest per my system(not price movement since a slight new high was made). So if it pulls back right from here, the response was not really delayed.

Also I only got the CLASS 1 SELL signal on the DOW, with the buying window lasting until todays highs. It is also common that during a strong upswing that the overall market doesnt start a short-term reversal until all 3 major indicies are in the CLASS SELL territory.

seeya
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