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

To: Daflye who wrote (11793)	4/22/1999 12:34:00 PM
From: donald sew	Read Replies (2) \| Respond to of 99985

In reference to my previous note concerning the PENNANT on the TYX, here are the coordinates: UPPER TRENDLINE = highs of APRIL 5 & APRIL 19 LOWER TRENDLINE = lows of APRIL 9 & APRIL 21 I appears that the APEX of this PENNANT will arrive in just 1-3 days; Im eyeballing it so its an approximation. seeya

To: Daflye who wrote (11793)	4/23/1999 12:17:00 AM
From: Vitas	Respond to of 99985

Hi D, >>> quadruple slammation summation<<< we are getting very close to magic time, but we have to be very careful to wait for the 1% a-d exponential to 1. stop going up and 2. to rollover, under the zero line. decisionpoint.com if it doesn't stop going up, like imminently, and the a-d line goes above its down trendline from 4-3-98 through 7-16-98, then this entire Jan-Mar corrective period was a prelude to a second leg of the rally that started in October, and the October bottom was a valid 4 year cycle bottom. If the 1% a-d exponential fails under zero, and the a-d line stays under the trendline, then the October 98 bottom was not the 4 year cycle bottom - a rare failure pattern that occurred in July 1957: decisionpoint.com Once the expo stops going up (under the zero line) there should be a great opportunity approximately 3 days later to load up for a substantial two month decline. The jury is out. Vitas