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Strategies & Market Trends : Tech Stock Options
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To: SE who wrote (39089)4/11/1998 2:52:00 PM
From: jjs_ynot  Read Replies (1) of 58727
 
One thing that I have been noticing is that the frequency of cycles (peak to trough) is getting faster. It has reached a point where I have some short term (5-6 days) stochastics oversold and longer (12-14 days oversold). This pattern of increasingly fast swings is likely result in a decent blowoff in one direction or another and then a flat market for a while. These observations form the basis for my thesis of an up market for several days and then a reasonable downturn (perhaps 5-7 percent) and then nothing for a while. But who knows.
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