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Strategies & Market Trends : P&S and STO Death Blow's

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To: TREND1 who wrote (18317)12/4/2002 7:17:10 PM
From: ajtj99   of 30712
 
Larry, I did some checking on the sell dates in the system and the eventual tops.

July 2000 Sell - day after and 2.7% from first top, 6-weeks prior to and 3% from 2nd top.

Jan. 26, 2001 sell - 3-trading days prior to and 3.2% from top.

April 23, 2001 Sell - 11.5% from top and 1-month prior to top.

November 23, 2001 Sell - 9.3% from top and 6-weeks prior to 2nd top, 8% and less than 2-weeks prior to 1st top.

Extrapolated from this, we could have a top at around 1595 COMP in a month or so from now based upon the averages from the last two rallies. Those rallies may be most relevant, as they were the longest in the samples.

As a mechanical indicator, it's one of the best ones you've developed yet, Larry.
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