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


To: Vitas who wrote (15907)6/4/1999 12:08:00 AM
From: bobby beara  Read Replies (1) | Respond to of 99985
 
Vitas, the oil drillers, the cycs.(DOW), and the retailers are threatening a rally and the mcoscillator is coming off an oversold area, this is a high risk short area, but so was mid august 1998.,
bb



To: Vitas who wrote (15907)6/8/1999 11:25:00 AM
From: Vitas  Respond to of 99985
 
McClellan Oscillator........: +17 -7 -49 -73 -67
Net Change................: +24 +42 +24 -6 -1
Zero Line Crossover Buy/Sell: BUY
Signal Duration...........: 1
A-D Req'd for No Chg McOsi: +100
A-D Req'd for McOsi = 0 ..: -240
McClellan Summation Index...: +1329

-----------------------------------------------------

a net a-d today more negative than -240 would turn the McCllelan oscillator negative

we are dropping +1012 from 25 days ago on the 25 day a-d sum

the sum was +492 on yesterday's close; this would turn negative today

there may be a brief rally Wednesday morning which would be a great
short term sell

however there is reason to believe at this time that any decline would at best be a retest of the lows last week.

Vitas