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

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To: donald sew who wrote (36337)	11/27/2000 3:32:03 PM
From: allen menglin chen	Read Replies (1) of 42787

Don, <<If Monday is FLAT, many may automatically assume that the rally is weakening; however the market could also be setting up for the 3-DAY PATTERN where DAY-2(MON) is FLAT, and DAY-3(TUE) is up strong similar to DAY-1(FRI). If MON is a DOJI/SMALL BODY with shadows on both sides, the 3-DAY PATTERN is setting up, but if MON is a DOJI with no LOWER SHADOW and a LONG UPPER SHADOW(INVERTED HAMMER/GRAVESTONE DOJI) such may negate the possibility of a 3-DAY PATTERN. So if the market rallys significantly on MON it needs to keep the majority of its gains. If the NAZ was up over 200+ points on FRI, I would say there was a lesser chance of a 3-DAY pattern and be just a 1-2 day rally.>> R we still in Day 2 of 3-day rally? But NAZ gapped up and failed. Is NAZ 3000 the high for this rally?

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