SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (26551)9/21/1999 3:42:00 PM
From: Challo Jeregy  Respond to of 99985
 
you were reading my mind. <g>

I was about to ask you (tongue in cheek) if you had a buy signal yet.<g>



To: donald sew who wrote (26551)9/21/1999 3:45:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
donald sew: If you get a Class Buy on the Dow 30, will that be two in a row with out a Class Sell on the Dow 30.

If so, that would imply per your system, a down trend, right?

Regards,
LG



To: donald sew who wrote (26551)9/21/1999 4:02:00 PM
From: yu  Read Replies (3) | Respond to of 99985
 
Don,

It is interesting that you get a class 2 buy so quickly.
I thought you said if the market respond to your class 2 sell
one day early that mean there is more down side.
This seems to be what is happening and I expect this to continue
go down strong for a few more days.

If I remember this right, you did not get a class sell on some
indices from the rally start last Thursday and all started to
sell off, does not this mean continue negativity on them?

Was it beara said crash always started from oversold areas?
Could this be it?

yu




To: donald sew who wrote (26551)9/21/1999 4:30:00 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
The DXY closed at 99.2, so it is sitting on support now.

decisionpoint.com



To: donald sew who wrote (26551)9/22/1999 6:57:00 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 99985
 
Donald,

yesterday you were close to getting a class 2 buy on the dow . . .

Message 11318190

Im only expecting a relatively small bounce, if it does bounces off
10,550, and selling to continue there after.


. . . with more downside to go . . .

Message 11318248

Since we bounced around between 10494 and 10606, closing at 10524,
was that the small bounce you were looking for? If so, should we expect a class 1 buy or has it been fulfilled?

The reason I'm asking is that a local TA'er that I follow here in LA on TV showed the McOscillator actually turned up ever so slightly today, with a little "wiggle" (for a lack of a better term, I copied that from GZ <g>, but don't know if it would meet his definition).

He said that would indicate a dramatic move in the market within the next 2-4 days. Whenever he says that, dramatic moves do happen.
I'm trying to determine the direction. <g>

In the past, when you get class 1 buy or sell signals, and he says that, we get monster moves. I always seem to miss them cause I expect the opposite from what happens. <ggg>