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

To: Claud B who wrote (7364)	3/2/1999 8:39:00 PM
From: donald sew	Respond to of 99985

Claud, I believe we are on the same wavelength. What I consider a bounce after one of my CLASS signal is around 150-250 points with a minimum of 75 points which could only be intraday. My system is designed to identify the turning point but is limited in determining the strength of the follow-thru. As for the interest rates, they are in a clear uptrend, but as we all know, they dont move in straight lines. At this point I suspect a short-term dip in the rates, which could fuel a small bounce in the stock market, but it should not last. In no way am I bullish, in fact I have turned quite bearish, just attempting to identify the heavy selling period. Thanks for your coments, seeya