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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: sun-tzu who wrote (146458)1/27/2002 6:08:43 PM
From: Vitas  Read Replies (3) of 436258
 
charts updated - Dow 1 minute OBV based algorithm strongly suggests with Friday's data that a strong drop will start in 1-3 days

this is a new indicator I'm currently working on and have not had time to thoroughly backtest, but a previous instance I found of a reading this strong was 10/3/00, which resulted in a 7% drop in the Dow in the following two weeks

if the 1 percent volume oscillators start rolling over under zero it is definitely something to watch out for

the 1962 pattern, again, if the volume oscillators start rolling over under zero, suggest a strong sell off also

geocities.com
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