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Strategies & Market Trends : Three Amigos Stock Thread

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To: Sergio H who wrote (8852)9/17/1998 9:47:00 PM
From: LTK007  Read Replies (3) of 29382
 
Sergio,O'Neils system is a very basic simple system--I had stated that
it was 100% correct in calling a recommencement of a bull market--but
I was wrong--O'Neil it has been correct 80% of time in 30 years of his using this simple method--I include this link so can see the past 5
day DOW chart --you will see that as bad as today was we did not crack below the intraday low of Monday--so we have not yet confirmed a or
ruled out a bull market recommencement--if tomorrow brings a 2% or better rise in the DOW per O'Neils system he would confirm a return to a bull market---if it breaks below the Monday intraday low however,he would then declare a false rally---
quote.yahoo.com^DJI&d=5d
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