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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 671.910.0%4:00 PM EST

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To: Vitas who wrote (9362)3/29/1999 2:23:00 AM
From: Bull RidaH  Read Replies (4) of 99985
 
Vitas,

The Ord Oracle trading system fired a big ugly sell signal on Friday. Under this system, if > 600 ticks are recorded within 3 S&P points of the high of the day, and the opening and closing on the S&P futures are 3 S&P points or less, the top of a rally is in. These conditions were met on Friday. It's over rover.

Regards,

David

P.S. I'm D.O.A. on the net advancer info for the last 3 weeks... did we get a Lindsay NA sell signal recently or no... c'mon... i'm counting on ya!! ;o)
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