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


To: HairBall who wrote (6388)2/16/1999 9:49:00 AM
From: donald sew  Read Replies (1) | Respond to of 99985
 
LG,

I just rechecked the calculation since I was surprised that I already have a CLASS 2 SELL signal on the DOW with the buy-in at tomorrows highs. Boy is this market moving fast. Orignially I had thought that it would take 2-3 days to get a CLASS SELL signal, thus the surprise. It became a CLASS 2 SELL when the DOW hit 9375. This means that it could reverse right from here or morph higher into a CLASS 1 SELL signal with the buy-in at THURs highs.

So far the NEW LOWS are still exceeding the NEW HIGHS, but its still too early - darn its not even 10:00 yet.

seeya