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Strategies & Market Trends : MP - Market Pulse
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To: HairBall who wrote (1162)8/9/2001 10:16:40 AM
From: s berg  Read Replies (2) of 1328
 
There's got to be a morning after?

LG, I was looking at what happens the morning after past significant QQQ declines at this point in intermediate term stochastic cycles. We have had a lot of similar set ups this year. For whatever it is worth it looked like the tendency was for the decline to continue in the A.M and then either continue or reverse in PM, c/w your plan. Interestingly, I did not see many AM major reversals so perhaps pivot lows tend to occur in PM.

As always hope your generosity is rewarded with trading success.
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