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

To: Lee Lichterman III who wrote (19540)	7/7/1999 4:22:00 AM
From: donald sew	Read Replies (2) \| Respond to of 99985

Lee, Although the response to my CLASS 1 Sell signal was late, there was a significant pullback off of the intraday highs especially in the NAZ. My signal was basicly about a 1/2 day late, and the intraday runup would have negated the signal if the market closed near the intraday highs which it did not. As mentioned previously, a late response to a CLASS SELL signal implies that the pullback will not be that strong. In light of the significant intraday pullback, it is possible that TUESDAY was DAY 1 of the 3-DAY pattern, so if this pattern was to work, today(WED) should be at best slightly up and DAY 3(THUR) another DOWN DAY. I did not play this CLASS 1 SELL signal myself, since there were signs that my CLASS 1 SELL signal may be netgated, especially with the strong intraday runup. Darnit, it still worked although the response was late. seeya