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


To: Lee Lichterman III who wrote (8401)3/17/1999 7:51:00 PM
From: Compadre  Read Replies (2) | Respond to of 99985
 
Lee: I have calculated maxpain on a spreadsheet to be 647.5. It did not change very much during the day.

Regards,

Jaime



To: Lee Lichterman III who wrote (8401)3/17/1999 9:24:00 PM
From: donald sew  Read Replies (3) | Respond to of 99985
 
Lee,

Yes, it has fulfilled the minimum requirement, since the DOW is now about 110 points off its highs.

Now the question is will it continue straight down, or will it continue after a mini-upswing. HECK if I know.

This is triple witching week, so that could skew things.

The response to the signal was right on time so that implies a normal pullback of 200-450 DOW points, but again, it could be skewed by expiration.

Seeya