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


To: Stephen who wrote (33510)11/16/1999 11:43:00 AM
From: Doo  Respond to of 99985
 
Stephen: My short term stuff has not been this extreme since mid-July. The announcement could be the trigger, at least I hope!! <gg>



To: Stephen who wrote (33510)11/16/1999 12:33:00 PM
From: donald sew  Read Replies (3) | Respond to of 99985
 
Stephan,

Im expecting selling on the news. I got a CLASS 1 SELL signal on the SPX yesterday, but not yet on the DOW. Even if the news is good the upside should be limited unless the whole market technically breakout. Thereafter some selling but not much which should be another buying opportunity.

So we could see a kneejerk reation to the upside if the news is good for maybe another day, then some selling.

I think immediate selling would occur if the bias is not eliminated.

seeya



To: Stephen who wrote (33510)11/16/1999 7:26:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
Stephen: Sorry I could not get back to you sooner, but answering that question now is a mute point...<g>

However, I have not changed my expectations. Actually a pullback is running a little behind schedule, but tomorrow will do...<gg>

Regards,
LG