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: pater tenebrarum who wrote (27920)9/29/1999 9:24:00 PM
From: donald sew  Read Replies (2) | Respond to of 99985
 
Heinz,

Well, Im coming out with another one of my WARNINGs!!

Earlier this morning I notice another ANOMOLY which was that the SPX/OEX was leading the NAZ and DOW to the downside. Normally the SPX/OEX relatively trades inbetween the DOW and SPX. As we discussed earlier, it gives the strong impression that the market is selling the big caps.

This WARNING is different than the other 2 I posted recently, in that it does not have statistical viability as the other 2, and therefore should be treated accordingly. Another way of putting it is that the probability is very low that it will work. Nevertherless I think it is important to mention due to its ramification.

I have noticed that this type of anomoly in the past can produced violent moves, and at other times it just gets absorbed into the market and fades away.

Again the chances are slim and probably will not come about, but it is important enough to mention.

EDIT: also wanted to add the issue of time frame, which would be over the next few days, prior to the FOMC meeting.

seeya