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


To: jjs_ynot who wrote (12842)5/4/1999 4:52:00 PM
From: donald sew  Respond to of 99985
 
Dave,

My CLASS SIGNALS for indexes, commonly see some sort of reaction within 1-2 days, if not immediately. The BUY-IN for the DOT.X is at
tomorrows lows, even if it drops dramatically. If it continues to drop or remain flat on THUR, that would indicate that the response is late or may get negated implying further weakness.

I normally do not play the INTERNETs, and frankly I would not be surprised if the response is late or my signal is negated.

If my CLASS BUY signal gets negated, a strong movement to the downside
is common.

Today was the 1st day in about 3 weeks since the DOW,NAZ,SPX basicly moved in unison, whether up or down. NAZ still in the slight lead to the downside, but no huge divergences as we have seen over the last 3 weeks. Is this the hint that the overall market is turning?

seeya