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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (24735)6/29/2000 3:36:00 PM
From: donald sew  Read Replies (3) of 42787
 
Chris,

This is now getting funny. I just finished some calculations.

Earlier in the day I got a CLASS 2 BUY signal on the SPX/OEX. However if the SPX/OEX closes around FLAT, my short-term reading will be smack in the middle.

What I am noticing is from SMACK-in-the-MIDDLE, I could get CLASS SELL or CLASS BUY signals in 1-2 days. My short-term technicals are really jumping all over the place.

This has NEVER happened before; therefore I am considering this extreme volitility in my short-term technical as being an anomoly. Almost all anolomolies I have seen since I have been doing TA gets resolved to the downside. I wont consider it statistically viable since each anomoly is different.

In light of this ANOMOLY, I am raising my CAUTION FLAG for next week. I am still expecting some sort of a bounce which I believe already started in the NAZ/NDX/SPX/OEX.
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