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

To: Vitas who wrote (11327)	4/17/1999 9:55:00 PM
From: Berney	Respond to of 99985

Vitas, Congrats on a good trade!! I'm still sitting in amazement of the sell-off in the drug sector. My weekly indicator gave me the first sell signal for the sector since 10/16. However, it was so dramatic that it should be due at least a DCB. It's also interesting to see the battleground being fought at OEX 600. This is now my pivot point. The basic problem I have is that the OEX daily gave a sell signal on 4/15. So now I will only trade in the direction of the 60-min indicator. Lord knows what further damage I get to witness as I slowly get back into the swing and move through the sector indexes. Berney

To: Vitas who wrote (11327)	4/17/1999 10:00:00 PM
From: Vitas	Read Replies (2) \| Respond to of 99985

WARNING - reading this post may be hazardous to your mental health - please have an ample supply of appropriate liquids closeby. ------------------------------------------------------------------------ Based on Nasdaq and Value Line geometric data from 1971, the following list of dates meet this criteria: naz < naz 3 days ago and > 188 days ago and > 14 days ago val geo > val geo 3 days ago and < 188 days ago ------------------------------------------------------------------------- 11/10/72 133.12 two months from start of grizzly 11/13/72 132.77 11/15/72 132.45 11/16/72 132.26 11/17/72 132.33 11/20/72 132.12 11/21/72 132.19 11/03/76 89.38 06/03/80 149.92 12/04/81 200.88 12/07/81 199.71 07/17/90 464.48 right at beginning of grizzly 01/25/95 760.98 01/26/95 757.56 01/27/95 758.91 03/12/99 2381.53 04/14/99 2507.28 04/15/99 2521.77 04/16/99 2484.04 ---------------------------------------------------------------------------------- There is a cluster of signals currently, as there was in 1972. The current a-d line looks very similar to November 1972. All are invited to examine these signal dates and assist in differentiating them from our current situation. Vitas