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


To: Arik T.G. who wrote (28847)10/8/1999 5:34:00 PM
From: donald sew  Read Replies (1) | Respond to of 99985
 
Arik,

OK, I just checked my figures and they are moving so fast. If the previous CLASS 1 SELL signals were not negated, then I have CLASS 1 SELL SIGNALS again for many of the indicies. On the other hand, if the recent small dip yesterday did not fulfill the mimimum requirement then it could be a negated signal and the market continues up strong again(with SECTOR ROTATION-where some sectors will lag significantly to even the level where they correct).

Im more inclined that there could be another very short dip near Monday, but since it is expiration week I dont expect a strong selloff. Now the following week which is statistically weak, also has the TRADE REPORT on OCT 20(WED), which should add to the negativity if we are still near a high at that time.

seeya