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


To: el paradisio who wrote (53884)6/13/2000 3:13:00 PM
From: HairBall  Read Replies (1) | Respond to of 99985
 
el paradsio: The NYA is getting penetration of the upper trend line of its bullish flag...however, I am close to getting a sell signal per my "new" intraday indicator...<g>

EDIT: However, my "new" intraday indicator is now trading in its bullish range and just repelled off its trigger line!

Regards,
LG



To: el paradisio who wrote (53884)6/13/2000 4:54:00 PM
From: Les H  Read Replies (1) | Respond to of 99985
 
It should top out this week or early next week. My AIQ market log had 27% individual stock buy signals as of yesterday, down just 1 percent from Friday. I was expecting enough of a rally to push it down to around 20% or lower. It may be close today. At extremes of around 80% and around 20%, there should be a 10 percent or greater rally or selloff, correspondingly.