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

To: Lee Lichterman III who wrote (24612)	9/2/1999 5:55:00 PM
From: donald sew	Read Replies (1) \| Respond to of 99985

Lee, Im starting to notice something with my short-term technicals. The best way to explain it is to give the opposite position first. During the strong runup from last OCT to MAR, in most cases I was getting alot of CLASS SELL signals and the market would dip a little and in some cases only dipped intraday before resuming its upswing. Also during that period I got very few CLASS BUY signals. Now lets take the current situation. A few days ago I got a CLASS 2 BUY signal and the market moved up yesterday, only one day. Today the selling resumed and if the market closed at the intraday lows I would have gotten another CLASS 2 SELL signal at the close. What I may be observing is the reverse of what we went thru during the strong upswing from OCT to MAR. Hope I made some sense. seeya