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


To: S. Chiang who wrote (11084)4/15/1999 8:42:00 AM
From: donald sew  Respond to of 99985
 
S.CHIANG,

>>>>> Was yesterday just the day 1 for your class 1 sell signal. Does that mean today could be flat or slight up and tomorrow could be another strong down day, according to your 3 day theory? <<<<<

Under normal condidtions, yes. Yesterday would be considered DAY 1, and today should be flat/slightly up. But please keep in mind that this is expiration week and IRA $$$ time so things may get skewed. Also, even though the DOW sold off 100+ points from its highs, it did
not close negative. As I mention in my index update the DOW was on the verge of negating my signal.

seeya