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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 683.83+0.3%4:00 PM EST

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To: StockOperator who wrote (2285)12/18/1998 7:11:00 PM
From: donald sew  Read Replies (5) of 99985
 
Stockoperator,

>>>>> its pretty gutsy of you to go against the trend. Look at all the negative news that this market has digested in the past couple of months and yet it continues to drive higher. <<<<<<<

I have to presume that you are not aware of my signal system, since they are not gutsy. They are designed only for the initial bounce which for a $50.00 stock is 1-3 points or minimum 75 points on the DOW - far from gutsy. After the signal rings then I use other analysis to determine if it continues. If you are talking about going against the trend, I presume that you are talking about a mid-term/long trend, while Im talking about a change in a short-term trend of 1-5 days, and as short as intraday.

Most of my posts clearly state short-term, but since I was in a rush I may not have stated it this time, however my CLASS signals are only for the very short-term which I made it clear in the past, but it is hard to state it over and over, especially now since I was short on time earlier in the day.

Seeya

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