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: donald sew who wrote (2463)	12/21/1998 11:05:00 AM
From: TRINDY	Respond to of 99985

Donald, I appreciate your posts, but you might want to educate me and others on this thread as to some of your code words. Sometimes it is a bit confusing to me. You stated: "As I am typing, the DOW is up 76 points so the CLASS 2 SELLs have now morfed into CLASS 1's with the BUY-IN time at tomorrows highs, but could also reverse as soon as today's highs. Im leaning more towards tomorrow." Am I correct in assuming that you think this market should be shorted and that the time to do it would be during a positive run tomorrow? The SELL and BUY-IN language is somewhat confusing to me. Also, please distinguish between CLASS 1 and CLASS 2 signals. I would also appreciate some general information on your approach, although I know this is a lot to ask in this busy season. TIA

To: donald sew who wrote (2463)	12/21/1998 11:09:00 AM
From: donald sew	Read Replies (2) \| Respond to of 99985

INDEX UPDATE ======================= Confirmed CLASS 1 SELLs for tomorrows highs, but could start off as early as today. Not expecting a huge selloff. For the previous peak, I felt that upside would be in the 9100-9200 range. Feel that the such range should hold again for this short-term cycle. Seeya