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Strategies & Market Trends : Galapagos Islands

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To: Jorj X Mckie who started this subject2/13/2003 11:19:24 AM
From: Frederick Langford  Read Replies (1) of 57110
 
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Market Swing Discussion: Donald Sew's Index Update
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Posted by Donaldsew on Thursday, February 13, 2003 - 10:56 am:

CAW-CAW-CAW WARNING!

POSSIBLE 3-BLACK CROWS on:
DOW
SPX
OEX
QCOM

To complete the 3-BLACK CROWs pattern successfully, they would need to
close at/near their intraday lows. In the case of the SPX/OEX, they
should close with a BLACK BODY larger than yesterday's BLACK BODY. If
only equal to yesterday's BLACK BODY, then it would be
IMPERFECT.

Normally dont watch stocks, but QCOM is the 3rd largest component of
the NAZ-100 at 4.69%

Market Swing Discussion: Donald Sew's Index Update
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Posted by Donaldsew on Thursday, February 13, 2003 - 11:05 am:

Forgot to mention that it is common that after the completion of the
3-BLACK CROWs, there could be a bounce before the selling
resumes/intensifies, especially if the completion arrives at/near
CLASS 1 BUY signals.

This morning I have INTRADAY CLASS 1 BUY signals on the DOW/SPX/OEX.
Intraday signals are not as reliable as closing signals

Fred
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