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

To: HairBall who wrote (19544)	7/7/1999 10:00:00 AM
From: Swami	Read Replies (1) \| Respond to of 99985

Having trouble getting to the MDA web site. Usually can get there from posted links but not this a.m. Any suggestions? Thanks.

To: HairBall who wrote (19544)	7/8/1999 7:26:00 AM
From: donald sew	Respond to of 99985

Larry, >>>> As of the last few weeks, your Class Signals on major Indices have been repeated Sell signals with few if any Buy Signals. In addition, some of the signals have had a tendency to be late or if not negated, close as of late. <<<< I was gone the whole day yesterday and did not get back until late, so was not able to respond until now. You have a valid point. As you know my CLASS SIGNALS are designed to identify extreme overbought or extreme oversold conditions. If I did not get a CLASS BUY signal, that implies that the market is oscillating without getting to the extreme oversold conditions which also implies that the market is in an uptrend. On the other side the CLASS SELL signals will become more frequent and some times false, although I have been able to seperate the false signals from the legitimate ones. As I have previously mentioned, late response to a CLASS SELL signal implies an uptrend and that the pullback should be small. seeya