Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gersh Avery who wrote (8678)	3/22/1999 12:24:00 PM
From: HairBall	Read Replies (1) \| Respond to of 99985

Gersh: Well that will teach me to get ahead of my indicators...<g> Seems the TYX.X is going a lower before it moderates... Regards, LG

To: Gersh Avery who wrote (8678)	3/22/1999 12:31:00 PM
From: donald sew	Read Replies (3) \| Respond to of 99985

Gersh, Since you have an understanding of my system, here is something I am looking for. In the past I have mentioned TECHNICAL DELAYED DIP or TECHNICAL DELAYED RISE. Its like a DOUBLE TOP, but can take 2 forms. One is when the price dips then rises back to the previous peak, but my short-term technicals do not get back to CLASS SELL territory. The other is that the price exceeds the previous peak, and my short-term technicals get back to CLASS SELL territory. The reverse holds true on the BUY side. What I suspect happened last week was the technical delayed rise(2nd form). Now there is a chance that this market runs. What I need to see to confirm this technical delayed rise is for the DOW to go below the previous dip, which in this case is around 9850 which occured in the middle of last week. That would confirm that we will go lower, and that last week was a short-term top. I hope that makes some sense. seeya