MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 671.91

0.0%

Nov 14 4:00 PM EST

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To: KymarFye who wrote (61396)	10/25/2000 2:07:14 PM
From: donald sew	Read Replies (1) of 99985

If the SOX closes near the lows today, and if it closes at its lows tomorrow, depending on how much it sells off - the SOX could create another "3 BLACK CROWS". I believe most are now familiar with the negativity and reliability of the "3BLACK CROWs", if it does occur. Right now DAY 2 of the "3 BLACK CROWs" is in line, but needs to close near today's lows. We also have the possibility of a "3 DAY PATTERN" on the NAZ/NDX where tomorrow the NAZ/NDX could be relatively flat before the selling resumes on FRIDAY. If the NAZ/NDX closes at/near the lows I will be playing for the "3-DAY PATTERN" rather than the "3 BLACK CROWs" on the SOX.

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