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

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To: Paul Shread who wrote (19207)9/18/2001 8:46:24 PM
From: donald sew  Read Replies (5) of 52237
 
Paul,

Yes, this is the first time for a NEGATED CLASS 1 BUY. However, since it is the first time, I have nothing to gauge it to. The market could just bounce or decline more, but what a negated CLASS 1 signal tells me is to sit back and roll dumplings until things clear up some.

The only way I would play this CLASS 1 signals is if the market really tanks and gives obvious signs of capitulation. And when I say tank, Im not talking about a 100-200 points on the NDX. Im talking about the type of tanking where most are puking. Dont misread the last comment that Im expecting a huge puke situation, just stating an "IF-THEN" situation.
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