MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.03

-0.1%

Dec 9 4:00 PM EST

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To: HairBall who wrote (43703)	3/20/2000 11:10:00 PM
From: Jorge Sierra	Read Replies (2) of 99985

I will wait until daily give me a buy signal by crossing uo on stochastic and MACD. Fibb, I like it. Where do you get those 38.2 and 33.3 numbers. You find it by 614 ( 52 week high) 614-549 =65 (549 today's close). The last leg up started like at 440 ? so the rally has taken like 174 (174+440=614) points. 65 points down from 174, percentage wise is 37.35% down. Doing here a rough math. So you suggest 535 may be the min, I like that base at 535 but will wait for daily MACD and Sto. to tell me the whole story. I am 14.57 YTD, none of my funds beat me this year. I think DFSTX ( My R2K look alike) was beating me but today I passed it.

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