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

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To: dennis michael patterson who wrote (38821)8/9/2002 8:30:19 AM
From: bruceleroy1_-  Read Replies (1) of 52237
 
Posted on Thursday, August 01, 2002 - 6:10 am:

By Don Sew
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With yesterday's end of day ramp-up, I got very firm CLASS 1 SELL signals in the SPX/OEX and DOW. On the SPX, it was the 1st time that I got a reading of 999 out of a possible 1000 on a closing basis.

At yesterday's close I added a significant short position in the URPIX(short-SPX 2X mutual fund), to my existing USPIX(short-NDX) position.

I am expecting a retest of the recent lows, but as I have mentioned over the years, I consider a successful retest to be within +/-7%
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