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

To: Challo Jeregy who wrote (24770)	9/3/1999 12:24:00 PM
From: donald sew	Read Replies (3) \| Respond to of 99985

Challo, When the NAZ was up around 90 it is nearing a CLASS 2 but doubt that we will get a CLASS 2 today. Give 1-2 more days of upside. Lets say I get a CLASS 1 on WED, so the BUY-IN would be WED/THUR. Did someone say that the CPI or PPI was on SEPT 10? If new highs in the SPX are set, we may get that blowoff some are expecting. Until the SPX sets a new high I will stick to my TRADING RANGE TREND, with some, and only some sectors like the SOX/NAZ setting new highs. I also have lean towards LG's comment of filling the strong gap that was produced today. In the meantime, will just wait it out unless I can get a fair entry point for the upside, which looks unlikely. seeya