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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Al Greenleaf who wrote (4029)12/4/1997 10:06:00 PM
From: Chris  Read Replies (1) of 42787
 
Hi al,

great to see you posting here.. basically, cash IS king. wait a while until the dust settles.. no rush to get in..

if you DO decide to trade, then look for short-term trades (1-4 days).. lately, i was in IBM.. what i did was time the DOW.. that way, the chance was higher that ibm would rally along with the other dow components.

Well, i came up with "6-7 day" cycle. meaning, every 6 days, djia make a turn in trend.

now, i dont know if 6-7 day cycle applies now.. but 2 weeks ago.. it worked pretty well..

==============
stay safe.. just wanted to share with you some ideas...

russell 2000 and naz have lagged behind the dow. this is due to the foriegn money going into the "safer" dow stocks.. logical...

Chris
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