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


To: Lee Lichterman III who wrote (9461)3/30/1999 2:57:00 AM
From: Teresa Lo  Respond to of 99985
 
Well, I think that head and shoulders bottom pattern seen on the SPM9 45 minute chart points higher...conveniently into quarter-end window dressing and a full moon...Anyway, I trade off the 5 minute chart in the spoos so whatever happens, I'll be there.

Take care.



To: Lee Lichterman III who wrote (9461)3/30/1999 7:12:00 AM
From: donald sew  Respond to of 99985
 
INDEX UPDATE
======================================

Recapping Short-term technical readings:

NAZ - borderline CLASS 1 SELL
RUT - CLASS 1 SELL
DOW - CLASS 2 SELL
OEX - CLASS 2 SELL
SPX - CLASS 2 SELL
DOT - CLASS 1 SELL

Buy-in at todays highs, but the CLASS 2's could morph into CLASS 1's if the market heads significantly higher, then the BUY-IN will be WED's highs. Window for the reversal to start is today thru WED's highs. Normal minimum pullback per this signal is 150-200 dow points, with rare minimum of only 75 DOW points.

At yesterday's close added some JULY PUTs.

If today pulls back significantly today, the reaction to my signal would be early and imply that the pullback could be strong. If there is just a DOJI(flat day) that is also a significant reversal signal in light of this recent strong upswing.

Seeya