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Strategies & Market Trends : Classic TA Workplace

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To: Shack who wrote (82653)9/24/2003 1:34:51 PM
From: ajtj99  Read Replies (2) of 209892
 
Well, to cheer you up, we're only 2-days away from the start of my end of month Dow play.

You know the drill.

Watch the close on the 3rd to the last trading day of the month. Buy the intra day low the 2nd to the last trading day of the month, usually before 11:00AM, and sell the next day at a high, almost guaranteed to be higher than the close on the 3rd to the last day.

It's usually good for 150 points on the Dow, and the success rate is approaching 85% if memory serves.
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