Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Berney who wrote (21492)	7/30/1999 7:38:00 AM
From: donald sew	Read Replies (3) \| Respond to of 99985

Berney, >>>> ....have you looked at the historical patterns in your system when you get two Class buy signals without an intervening sell signal.<<<< Yes I have, and it implies a downtrend. Lets take the reverse. From last OCT's lows until spring this year, I did not get any good CLASS 1 BUY signals just SELL SIGNALs while we were in a strong uptrend. So basicly here is the rule of thumb I follow: 1) NO CLASS 1 SELL SIGNALs but only BUY SIGNALs = DOWNTREND 2) NO CLASS 1 BUY SIGNAL but only SELL SIGNALs = UPTREND 3) BOTH CLASS 1 BUY and SELL SIGNALs = TRADING RANGE seeya