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Strategies & Market Trends : Pitbull Investing Strategies

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To: Atin who wrote (487)	11/14/1997 12:47:00 PM
From: Doo	Read Replies (3) of 789

Atin: I get IBD at home, but someone emailed me at work and told me there was something on A-17 of today's issue suggesting a "follow through day" occurred yesterday. I beg to differ. If you have the language in a machine, email it to me at jwhite@tjoslin.com. Otherwise, I'll read it when I get home. O'Neill says any 1% move outside the 3-10 day window is not valid. Read it in Chapter 7. Maybe that's what the article says. My analysis is: We missed the 3-10 day window which closed Tuesday, 11/11. We had a low/bottom/"blue bar" yesterday 11/13. Notice that we actually went lower yesterday than we did on 11/12, closing higher on the day. Yesterday's action was on higher volume than 11/12, so I'm counting 3-10 days out from 11/13, not 11/12. Window opens, for a 1% move on higher daily volume than the prior day, 11/18.

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