Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: StockOperator who wrote (2285)	12/18/1998 2:58:00 PM
From: HairBall	Read Replies (3) \| Respond to of 99985

StockOperator: The Market as measured by the IND/DJI already signaled a change prior to 11/23. A cluster of support in the area of the 200 day SMA, the 50 day SMA, a long term supporting rising trend line and the lower boundary of the IND's long term trading channel have come together to give formidable support. However, I suspect gravity shall prevail in this current struggle with the bubble...ultimately time will tell... BWDIK Regards, LG

To: StockOperator who wrote (2285)	12/18/1998 7:11:00 PM
From: donald sew	Read Replies (5) \| Respond to of 99985

Stockoperator, >>>>> its pretty gutsy of you to go against the trend. Look at all the negative news that this market has digested in the past couple of months and yet it continues to drive higher. <<<<<<< I have to presume that you are not aware of my signal system, since they are not gutsy. They are designed only for the initial bounce which for a $50.00 stock is 1-3 points or minimum 75 points on the DOW - far from gutsy. After the signal rings then I use other analysis to determine if it continues. If you are talking about going against the trend, I presume that you are talking about a mid-term/long trend, while Im talking about a change in a short-term trend of 1-5 days, and as short as intraday. Most of my posts clearly state short-term, but since I was in a rush I may not have stated it this time, however my CLASS signals are only for the very short-term which I made it clear in the past, but it is hard to state it over and over, especially now since I was short on time earlier in the day. Seeya