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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: HairBall who wrote (16445)	6/8/1999 4:19:00 PM
From: donald sew	Read Replies (2) \| Respond to of 99985

LG, The minimum requirements of my CLASS 1 SELL signals have already been fulfilled, and I already closed some of my PUTs due to them reaching profit targets. Today is DAY 1 of the 3-DAY pattern so it is common that tomorrow could be flat or even slightly up, then DAY-3 is commonly another strong down day. If tomorrow(DAY-2) is flat/up, some will become bullish and claim no follow-thru which may lead to some whipsawing. If tomorrow regains all of today's losses then I would also turn bullish, but if it is only flat or slightly up(50-75 DOW points) then it is still within the 3-DAY pattern, of further downside. Of course tomorrow could also be another down day. seeya

To: HairBall who wrote (16445)	6/8/1999 7:45:00 PM
From: dennis michael patterson	Read Replies (1) \| Respond to of 99985

Thanks LG. He certainly was in someone's face! And I sold into that face!!