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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.930.0%Nov 14 4:00 PM EST

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To: Daflye who wrote (6572)2/17/1999 10:13:00 PM
From: donald sew  Read Replies (1) of 99985
 
Daflye,

I only have a CLASS 1 BUY on the NAZ, not the whole market. A CLASS signal works best when all the major indexes are also a CLASS signal or close to it.

I feel that the highest that the DOW could get is around 9350. Sure it could head straight down, but while watching my technicals a strong selloff has not yet started in a CLASS SELL status. The index could selloff after a short runup of 1 day, but there should be some sort of bounce even if it is small.

seeya
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