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


To: Ken98 who wrote (28542)10/6/1999 2:28:00 PM
From: donald sew  Respond to of 99985
 
Ken,

It gets a bit confusing to explain, but basicly the CLASS 1 SELL signal was fullfilled yesterday when the DOW dropped 200 points. With todays performance I have a new CLASS 1 SELL signal with the BUY-IN untill tomorrows highs(SPX/DOW).
My previous CLASS 1 SELL signal on the NAZ was a weak one and with today it is now a firm CLASS 1.

However, getting two CLASS sell signals close together is a bullish sign not bearish, implying that the following dip should be weak.

seeya