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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: sq39 who wrote (8182)5/30/2001 3:51:52 PM
From: donald sew  Read Replies (2) of 52237
 
Sq,

>>>> so why can't this become a bear scenario where we
should not be buying? <<<<<

It could, but the probability is in favor of a bounce. Please understand that I work on probability, and in no way expect anything to be 100%, as I have mention previously. So for this specific signal to become bearish, that means that it becomes a negated signals. Since I started with my system, about 4+ years, I have not been able to identify a pattern which would give a hint of a negated signal, and I really dont use fundamentals to any significant degree, although I wont ignore important issues like FOMC meetings/etc.
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