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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Warpfactor who wrote (36471)5/28/2002 8:56:34 AM
From: Terry Whitman  Read Replies (1) of 52237
 
Warpfactor, Good observations. Yes, the weekly would be only friday's close- and as you point out- the weekly is much higher than the 5 day.

I don't really know what it means- or if it's only been happening since last september. It could also be explained by ST traders closing positions on friday- which they often do, terrorism or not. Risk reduction, I guess.

I took friday afternoon's sell off as a buying opportunity, and added to my longs.

Thanks for the thoughts- Can you point me to some of the posts where you have discussed these factors? I'd be interested in checking them out.

Regards,
TW
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