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


To: John T. who wrote (26261)9/18/1999 7:55:00 PM
From: donald sew  Respond to of 99985
 
John T,

Nice analysis.

I am leaning towards a short-term basing top patten in the NDX rather than a blow-off top from these levels. My short-term technicals for the NAZ is already in the upper mid-range, approaching overbought and if the NAZ was to move up 1-2 more days I would get a CLASS SELL SIGNAL.

The DOW and SPX are in the midrange and they could get to the CLASS SELL levels in 2-3 days.

seeya