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


To: pater tenebrarum who wrote (14762)5/24/1999 11:13:00 AM
From: donald sew  Read Replies (2) | Respond to of 99985
 
Heinz,

Per my last update just got BUY signals for the NAZ and DOT from now until WED, but do not think the bounce will be that strong and should
not last too long. I will be getting more oversold/CLASS BUY readings if the market continues down tomorrow, so we could see a bounce around WED/THUR.

Seeya



To: pater tenebrarum who wrote (14762)5/24/1999 11:15:00 AM
From: j.o.  Read Replies (1) | Respond to of 99985
 
I also don't believe in the headfake - this thing is broken.

Looks like the beginning of some great shorting opportunities.

BTW - where do you see the SP500 support? I have been watching 50-d EMA...looks like about 1320. It's under attack. If that goes, it confirms the downtrend.

Now back to trading!

j.o.