MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 679.70

+0.7%

Nov 26 4:00 PM EST

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To: dennis michael patterson who wrote (7733)	3/8/1999 10:31:00 AM
From: donald sew	Read Replies (1) of 99985

INDEX UP ==================================== At todays highs so far got CLASS 1 SELLs across the board which means that the window for the TOP to arrive is from now thru tomorrow's highs. It is not a price target but a time target, so in this window the market can still go higher, but the upside will be limited. We should then examine the strength/weakness of the forthcoming dip to find hints as to the strength of the next wupswing. The new highs right now, although still early is still more than double the NEW LOWs, so that is a sign of strength. seeya

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