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


To: Lee Lichterman III who wrote (12418)4/29/1999 2:12:00 PM
From: donald sew  Respond to of 99985
 
Lee,

Even if we were to shoot up on the DOW today specificly, that would not negate my CLASS 1 signal since the BUY-IN window is at today's highs; however since we did sell off 90 points off the highs yesterday and we weree to surpass that today, that could be an negating signal.

Per my basic rules, if we close at the highs today and tomorrow is up significantly, then my DOW SELL signal would be negated.

seeya



To: Lee Lichterman III who wrote (12418)4/29/1999 2:15:00 PM
From: donald sew  Read Replies (2) | Respond to of 99985
 
Lee,

Forgot to mention, and the TICK is slightly negative with the DOW up 65. If we get a positive 400-500 tick, you could get that rally in the DOW today.

seeya