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


To: Ramsey Su who wrote (6399)2/16/1999 11:09:00 AM
From: donald sew  Respond to of 99985
 
Ramsey,

>>>> If you think my scenario is possible, what would you suggest as the best play today, or should we wait for tomorrow? <<<<

I always attempt to stay with my technicals and initiate trades when I get extreme short-term readings(CLASS SELLs or BUYs) Only the DOW is in CLASS SELL territory, with the other indexes in the upper mid-range.

So for me, the decision to wait for tomorrow is easy. I may miss a strong move with those important announcements, but that is how my system is set up.

If I had a strong CLASS 1 SIGNAL today just before important announce, then it would make the decision more difficult.

seeya