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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Chris who wrote (9879)6/9/1998 1:55:00 PM
From: AlanH  Read Replies (1) of 42787
 
6/09 Candlesticks:

Although OEX, SPX trading has been messy today, these indices appear to be following NDX. NDX signaled Bullish Engulfing at 9:50, although I was not prepared to call this a bullish signal; as it turns out, NDX has proceeded up from that time.

My strategy is to remain out or long, hoping for more pronounced upward patterns on OEX, SPX -- which appear to be developing now. At 1:20 OEX and NDX signaled Morning Star (bullish) following a *brief* pullback. Once a CLEAR bearish signal is formed, I'll short and relay the information.
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