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: donald sew who wrote (8691)	3/22/1999 2:09:00 PM
From: HairBall	Respond to of 99985

donald: Well, I am going to have to unplug early today...good luck trading! I will be in and out of the office this week. So getting trading time in will be difficult. Regards, LG

To: donald sew who wrote (8691)	3/22/1999 2:52:00 PM
From: Compadre	Read Replies (1) \| Respond to of 99985

Donald: The DJIA,OEX, SPX, NDX and COMPX are near oversold conditions. Trending indicators like W%R and MACD indicated that they were in a strong trend for the last couple of weeks. W%R gave a intermediate term sell signal last Friday, but it may quickly reverse back up to it's strong trend if the market reverses in the next couple of days. What I am trying to say is this: With the short term oversold conditions right now and the positive trend, any more selling will trigger one of your class buy signals today. As my system is indicating a buy signal for some already if we remain where we are right now at the close. Regards, Jaime