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

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To: Jan Crawley who wrote (30085)	9/18/2000 11:26:57 AM
From: donald sew	Read Replies (2) of 42787

Over the weekend I mentioned the 12 for 12 correlation, but wasnt sure if FRIDAY was the STRONG DOWN DAY or if today would be it. For now it is unclear since the market is slowly declining and the DOW is about 1/2 of the requirement. Keep in mind that for the DOW to fulfill that pattern it would need to drop a minimum of 150 points. Regardless if it was FRIDAY or MON, the strategy would be to close/hedge short-term shorts today. Per that pattern, 6 for 12 resulted in rallies and 6/12 resulted in further declines, but 11 for 12 the next day was flat or up.

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