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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: TechTrader42 who wrote (26551)12/26/2001 10:44:39 PM
From: ajtj99  Read Replies (1) of 52237
 
It appears we had inverted hammers today on all indices, and the last time we had that we dropped for 3-days from NDX 1510 to a November 12 intra-day plane crash pivot low of 1463. It was good for a 50-point drop.

We need confirmation tomorrow, but that may be the closing low of this inverted hammer signal for all we know <G>

Of course, the low volume this week could make these formations fairly benign.
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