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

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To: jimcav who wrote (30757)9/22/2000 4:14:04 PM
From: donald sew  Read Replies (1) of 42787
 
jimcav,

I could consider that as a negative per my WEEKLY READINGs. Take a look at the week of 4/7 and that was also a doji and the following week was down strong. That DOJI is inconclusive since the pattern is not long enough. Im not saying that it will do the same as the week of 4/7, just that a weekly DOJI in this short of a pattern is inconclusive.

Subjectively, next week is the end-of-month rally time, but Im not expecting a huge rally. My position remains the same, unless 3850 is broken to the upside, I will remain short/mid-term bearish. Dont forget OCT is only a week away and OCT gives many the heebie-jeebies. Not saying crash.
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