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Politics : Idea Of The Day

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To: GROUND ZERO™ who wrote (33641)9/25/2000 7:29:53 PM
From: Jerry Olson  Read Replies (2) of 50167
 
just looked at the SPX..

from the top in Sept at 1530, we rolled over and gave 4 consecutive sell signals on P&F without one move backup to a buy signal...

then fri..we break that top at 1455..and give the buy signal..

but GZ today we reverse back down here..what P&F calls a bullish signal reversal...

very negative...don;t remember the % of the move but i think it's around 85% accurate..meaning when this happens 85% of the time it moves lower in the direction of the reversal..

gotta check that tho not 100% sure<g>...

no matter..i think IKE would not like that we broke 1444 again here..

IKE if your around in the am..your thoughts please...

OJ
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