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


To: Lee Lichterman III who wrote (24745)9/3/1999 10:10:00 AM
From: HairBall  Respond to of 99985
 
LEE: Right you are....stay with the system. Of course, if you don't have a system, get one...preferably one that works...<gg>

Regards,
LG



To: Lee Lichterman III who wrote (24745)9/3/1999 10:22:00 AM
From: Lee Lichterman III  Read Replies (2) | Respond to of 99985
 
EDIT to my last post. GZ was only short for a day trade and is looking long for next week. I misunderstood his strategy.

TYX and TRIN still rising. I guess they left a few behind and need to go back and pick them up. <g>

Good Luck,

Lee



To: Lee Lichterman III who wrote (24745)9/3/1999 10:29:00 AM
From: donald sew  Read Replies (2) | Respond to of 99985
 
Lee,

Don't forget about the 3-CROWs. Most will expect that it has been negated, but what most wont realise is that the it wont be negated until the the top/beginning of the 3-CROWs is broken to the upside during this specific upswing. For the DOW that would be around 11,350.

On the other hand the longer this upswing lasts, even if the TOP of the 3-CROWs is not taken out, the effects of the 3-CROWs will lessen.

I was just looking at the calendar and if we do get a CLASS SELL signal towards the middle of next week - well thats not too far from my CYCLE TOP near SEPT 13. Sept 13 is the Monday of expiration week, and expiration week is normally an up/flat week. I guess it will also depend on where the MAX-PAIN is during expiration week. If we are too high above the MAX-PAIN then that could have a negative effect and vice-versa.

seeya

seeya