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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Brian Hornby who wrote (34214)9/23/1999 5:18:00 AM
From: Patrick Slevin   of 44573
 
< Any more weakness in the Dow>

Been tempted to wait for one more down move then buy DJ9Z.

Since 1991, there have only been 7 weeks where the DJIA has closed the prior Friday "down" on the week for the fourth consecutive week.

(Oddly, 4 of the following 7 weeks were the same Cycle Week as this one.)

So this is the 8th time it has happened.

Now, it's only gone on to Close down on the week a fifth consecutive time twice, and never a sixth consecutive week.

Having said that, it's certainly difficult to put my money where my data is.
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