SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GROUND ZERO™ who wrote (76349)8/4/2007 7:18:05 PM
From: Gersh Avery  Read Replies (1) of 94695
 
LOL ..

I'm not sure if the 3day pattern will show this time.

Those patterns run in response to conditions that would trigger a Don Sew class buy or sell. These take place just after a major top or bottom. We've already had a nice three day pattern week of 7/23-27 (down up down) as the INDU got kicked back from 14k.

So the probability of another same pattern is lower than it was off the top.

Anyway .. second half is being held back in case another sotra-wave hits again.

It was nice to be able to catch a -300 point day to grab some end of day prices.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext