TIMING INDEX MUTUAL FUNDS Message Board

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Strategies & Market Trends : TIMING INDEX MUTUAL FUNDS

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To: Magnatizer who wrote (157)	2/14/2000 4:03:00 PM
From: donald sew	of 428

Hi, After watching the NAZ and NDX carefully, I noticed something which may be giving a hint that tomorrow may be a down day for the NAZ/NDX. In the past I have often mentioned the 3-DAY PATTERN. Normally to qualify for a 3-DAY PATTERN per my short-term technicals, it first requires a CLASS signal. Although I did not get an official CLASS SELL signal on the NAZ/NDX, my short-term technicals are extremely overbought and very close to a CLASS SELL. So the start of this possible 3-DAY pattern is not exact, I cannot ignore the possibility that it could turn into a viable 3-DAY PATTERN. Assuming that there is a possible 3-DAY PATTERN then FRIDAY was DAY-1, and today was DAY-2, where DAY-2 is relatively flat. In light of the possibility of a 3-DAY PATTERN in the NAZ/NDX I decided not to trade today, and I did not sell the UOPIX since we are already weighted to the downside. seeya

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