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: Benkea who wrote (22844)	8/12/1999 1:18:00 PM
From: donald sew	Read Replies (5) \| Respond to of 99985

Hi everyone, Im getting more and more CLASS SELL signals: DOW - CLASS 2 SELL NAZ - weak CLASS 2 SELL NDX - WEAK CLASS 2 SELL SPX - WEAK CLASS 2 SELL OEX - WEAK CLASS 2 SELL DOT - OVERBOUGHT BKX - OVERBOUGHT DRG - OVERBOUGHT This was based on intraday data when the DOW was up 100, SPX up 10, NAZ up 19. The market needs to close near the intraday highs to maintain those SELL SIGNAL, and if the market sells off significantly intraday then the reversal to the downside may have begun or ZIG-ZAG phase. I would need 1-2 more updays to get CLASS 1 SELL signals, so it looks like FRIDAY or MONDAY for a short-term top(per my short-term technical, not my short-term cycle analysis). seeya