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

To: Gersh Avery who wrote (40348)	2/15/2000 12:13:00 PM
From: donald sew	Respond to of 99985

Gersh, We may be getting another 3-DAY PATTERN, but to the UPSIDE in the DOW. Today's performance in the NAZ/NDX fullfilled the requirements of the 3-DAY PATTERN, even if the NAZ/NDX closes positive(hypothetically). Please keep in mind that it is based on my short-term readings. What is really interesting is that if the DOW closes relatively flat (+/- 50 points) then today would qualify as DAY 2, and tomorrow should be a good up day, similar to DAY-1(MONDAY/75-100 points). This is like playing PING-PONG. If the DOW does bounce tomorrow then we could also see some sort of a bounce in the NAZ/NDX, so I will probably be closing some of the USPIX positions today, if the NAZ/NDX closes near the intradayy's lows seeya