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Technology Stocks : Semi Equipment Analysis

SOXX 291.39

+2.8%

Nov 26 4:00 PM EST

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Elroy

Sam

To: Elroy who wrote (88602)	7/1/2022 12:33:59 PM
From: Return to Sender	2 Recommendations of 95479

<SNIP> Does Tuesday's 90-90 Lowry Up Day Mean Anything? Feb. 25, 2009 4:39 PM ET DIA, SPY, QQQ 2 Comments Tuesday’s +3% snap-back rally was one of the famed Lowry 90%-90% days. For those unfamiliar with the term, these are climactic days coined by a research report by Paul Desmond written in 2002 (you can find the original report in the free trading resource section - in the Articles and Reports section). 90-90 days are defined by two conditions: Volume is extreme so that 90% or more is either devoted to downside volume or upside volume. Points are so extreme that they are 90% or more either gained or lost to the downside. These days are significant because historically, every single major shift in the nature of the market has been presaged by the presence of one or several 90-90 down days (representing panic selling) followed by 90-90 up days (panic buying).

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