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

To: bobby beara who wrote (5136)	2/1/1999 10:16:00 AM
From: Ditchdigger	Read Replies (1) \| Respond to of 99985

Are we there yet?<g>..DD

To: bobby beara who wrote (5136)	2/1/1999 10:23:00 AM
From: donald sew	Respond to of 99985

INDEX UPDATE ====================== When the DOW was up 50 points, I got a borderline CLASS 1 SELL on the DOW, so it could move up one more day or reverse right from there. So I have a CLASS SELL on the DOW,SPX,OEX,NAZ. The only major index not with a CLASS SELL signal is the RUT, since it has lagged. Commonly the laggards will follow the SELL SIGNAL of the others even though they never get to the extreme of a CLASS SELL. EDIT: I got the CLASS 1 SELL SIGNAL on the SPX and OEX on FRIDAY with the buy-in at todays highs. The SPX/OEX it is now in negative territory so it is timely, so far. The DOW SELL SIGNAL has the buy-in at tomorrows highs, but since it is a borderline CLASS 1, it could still move up 1 more day with the BUY-IN at WED's highs. I got the CLASS 1 SELL SIGNAL on the NAZ on THUR with the BUY-IN at FRIDAY's highs, so that means that the NAZ may be a tad late, but is now off todays highs. seeya