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

To: Compadre who wrote (23957)	8/27/1999 8:19:00 AM
From: donald sew	Read Replies (1) \| Respond to of 99985

Jaime, >>>> today would be DAY-2 which should either be flat or down strong..........Do you mean down slightly? <<<< For DAY 2 to fit the 3-DAY PATTERN, DAY 2 needs to be either flat or down strong, if it is up strong it will negate the 3-DAY pattern. If DAY 2 is flat then DAY 3 could be down strong. If DAY 2 is down strong then DAY 3 could be either flat or down again, but not up strong. In the past I mainly discussed the DAY-2 as being flat since many felt that if DAY-2 was flat they thought that the pullback or upswing was over. seeya