MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 670.97

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Nov 7 4:00 PM EST

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To: HairBall who wrote (9021)	3/24/1999 12:13:00 PM
From: donald sew	Read Replies (1) of 99985

LG, With my CLASS signals, whether they are buys or sells normally produce a significant and quick pop. The sell signal was only a CLASS 2 and since we are basicly flat, without a nice pop, I am more inclined to say that it will morph into a CLASS 1 SELL. That doesnt mean that it will morph into a CLASS 1 immediately either. If we close flat or up today, the earliest we could get a CLASS 1 BUY signal is tomorrow with the BUY-IN at FRIDAYS lows. We also all know that the largest price moves can be when we are approaching the extremes in the overbougth or oversold regions. seeya

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