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

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To: donald sew who wrote (17659)9/4/2001 6:00:19 PM
From: The Freep  Read Replies (2) of 52237
 
Don. . . if the market goes down tomorrow and gives Naz class 1 buys, that sets up something interesting (well, to me). The Arms thingee from last week (two days in a row over 2.0) predicts a bottom "no later than" this Thursday, per everything I've read about it. From that bottom, a rally of 16% or more is supposed to happen. Anyway. . . that could line up with your Naz signs, but not with the Dow/SPX ones? But could they be at Class 2 by then. . . or even intraday Class 1's?

I realize this is looking "far" into the future, but while I have plenty of doubts about the Arms signal's usefulness, it has batted 1000 so far and the chants of "it's different this time" work no better for bears than for bulls. So, I'm looking for ways that we could get some sort of bounce/rally within the signal's time frame so that it can remain a perfect indicator of some sort, even if not of a bottom.

the freep
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