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Strategies & Market Trends : Waiting for the big Kahuna

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To: GROUND ZERO™ who wrote (88714)7/13/2009 3:34:57 PM
From: scotty-d  Read Replies (1) of 94695
 
Recent trend....the DOW's been coming alive at or near quarter moons, she does a doji or two leading up to the quarter moon, then it's off to the races...See a DOW doji near a quarter moon while overbought, sell her....See a DOW doji or two near a quarter moon while she's oversold, buy her...candles, quarter moon, rsi's, that's the ticket. ....There's a fudge factor though, I don't execute the trade on the day of the quarter moon, I start looking for an entry near the quarter moon, sort of a heads up to be on watch....Like today, there's a quarter moon within hours, I had a hunch the Dow was due for a bounce.
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