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 II - A Complete Analysis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Trading Machine who wrote (5148)4/5/2001 5:36:23 PM
From: donald sew  Read Replies (1) of 52237
 
Trading Machine,

Just want to explain something about the 3-DAY PATTERN. There are actually 2 3-DAY PATTERNs.
1) STRONG DAY 1 - FLAT DAY 2 - STRONG DAY 1
2) STRONG DAY 1 - STRONG DAY 2 - FLAT DAY 3

The probability of either pattern is about the same, based on statistics.

What is interesting, in both patterns, is that the 2nd strong day, whether it is DAY 2 or DAY 3, has a fair chance of being similiar in strength to DAY 1. Its hard for me to accept that we could have another 400 point day on the DOW or 140 on the NDX, but it is a fair probability.

So tomorrow could either be up or flat.

Please also keep in mind that the 3-DAY PATTERN has a lesser probability of working if it is opposite to the trend.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News