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


To: HairBall who wrote (399)12/4/1998 2:46:00 PM
From: epicure  Respond to of 99985
 
No- I don't think it will complete the move- that would leave room for a big bad Monday



To: HairBall who wrote (399)12/4/1998 3:13:00 PM
From: donald sew  Read Replies (1) | Respond to of 99985
 
LG,

Just got back. WOW - so many posts.

Looks like the CLASS 1 BUY is working so far. The CLASS 1 BUY signal will not be negated unless todays lows are taken out to the downside, so even if we do sell off some the upswing is intact a bit longer, but please keep in mind that my CLASS SIGNALs are only for the initial pop or drop.

Im noticing that the INTERNUTS are selling off. I feel that once the INTERNUTS peak it may indicate a major peak in the market.
The recent peak in the internuts may just be a mid-term top and not th main top.

Seeya



To: HairBall who wrote (399)12/4/1998 3:22:00 PM
From: Magnatizer  Read Replies (1) | Respond to of 99985
 
LG

if Dow closes above +108 today it will have climbed back above a set of three important magnet trendlines. I feel these lines will hold the dow up for a few more days early next week. Then we will get a dip to the 8561 level on Dow. After a short stint of panic selling a surge of buying will take us into the new year with a bang.

techstocks.com

magnet trendlines noted: 8966, 8995, 9116

ht
david