SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack -- A Complete Analysis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: PMG who wrote (34485)10/31/2000 11:27:15 PM
From: Dan Duchardt  Read Replies (1) of 42787
 
PMG,

ps GZ says there is a completed 5/7 buy wiggle on the NDX as of this close...

Can you tell us what the 5/7 means. I would assume days based on my previous contact with "wiggles", but I sure don't see a 5 or 7 day count completing one. There is a very clear completion on NDX/COMPX for the last 4 days, but I'm not sure a 4-day is acceptable. Looks fairly optimistic for a 5-day completion though; just need to close tomorrow above Thursday's close:

Day 1 = Thursday (reversal day)
Day 2 = Friday (higher high and higher low than day-1)
Day 3 = Mon + Tues (+ Wed???) (took out day-2 low, closed above day-1 close and day-3 open)

Of course, anything can still happen tomorrow, so if it has to be 5 days it could still fail.

Dan
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext