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

To: Les H who wrote (8782)	3/23/1999 10:00:00 AM
From: John Pitera	Read Replies (1) \| Respond to of 99985

How have you found this site www.wavechart.com ? I assume you like as you noted it on your post....what is their outlook currently?

To: Les H who wrote (8782)	3/23/1999 10:01:00 AM
From: donald sew	Respond to of 99985

INDEX UPDATE ================================= The TECHNICAL DELAYED RISE was confirmed with the DOW dropping below 9850, so that implies that the DOW should sell off more. The potential downside is 9500-9700 for this immediate short-term downswing which could last 1-2 more days(after today). If the DOW gets to the 9500-9700 range this week, then I would be getting a CLASS BUY signal. The question is how strong of a rebound if we do get to the 9500-9700. My suspicion is a STAIRSTEP, with the DOW ZIG-ZAGGING with a possible slight incline, so it may not be that tradeable except for a fewer number of stocks. seeya