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

To: Ramsey Su who wrote (9629)	4/1/1999 11:10:00 AM
From: donald sew	Read Replies (1) \| Respond to of 99985

Ramsey, >>>> looks like the market is heading toward your 3rd day scenario<<< The DAY 3 senerio I was talking about is where DAY 2 is flat, then DAY 3 could be a strong down day. I went back and tried to check the patter if the DAY 1 & 2 are down, and I cannot get anything conclusive. DAY 3, in this case, could be down , flat, up. I am suspecting that the DOW could bounce hard to the upside on MONDAY, especially if the economic news is good tomorrow. nothing for sure, but it should not last more than 1-2 days, then selling to resume. Of course if the economic news is bad, selling could resume right away. seeya