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

To: donald sew who wrote (27096)	9/24/1999 4:17:00 PM
From: Lee Lichterman III	Read Replies (3) \| Respond to of 99985

WOW!!! That was quick. I have a friend that didn't get out in time and I was hoping he would get a second chance. Well maybe my signal will hold through till Tuesday. The OEX 665 triggered mine so my buy in would have been from then till Monday for a bounce Tuesday but like I mentioned a few days ago, my system falls apart in a strong market so if we tank, it is flying blind and will just keep triggering. I will have to see how the charts look tomorrow morning when I update the site. Like I said, the P&F looked horrible and almost all the 3 lines were down. I really don't see any possibility of a meaningful rally from here unless they find out that tech stocks cure cancer or something over the weekend. <ggg> I am amazed at the willingness to buy in this down turn. I am looking at the listing of stocks I track and there is a large number of nuts up 7-9 points. Don't these people realize that that fund already bought thier shares weeks ago? This mania isn't over yet. I am going to go see what my family looks like after this week of night shift hours and only seeing them asleep or on my way in the door. EDIT - Challo I was kidding with you. Hope you really didn't go long here. We did form a hammer bottom candle but Don's signal already reversed. Hope you make out OK. Good Luck, Lee