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


To: F Robert Simms who wrote (11967)4/25/1999 11:51:00 AM
From: donald sew  Respond to of 99985
 
Robert,

Firstly, I normally dont go with a CLASS 2 SELL signal in an up market and vice versa with a CLASS 2 BUY signal in a down market. Likewise I will go with a CLASS 2 BUY signal in a UP market and a CLASS 2 SELL signal in a DOWN market. So that would narrow it to 2 days.

You made a good observation.

On that same logic, the DOW, SPX, OEX did show some weakness on a CLASS 2 SELL signal so that could imply that the trend may be changing for those indexes.

Hope that adds a little sense to things.

seeya