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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Trading Machine who wrote (31922)	8/27/1999 9:03:00 PM
From: donald sew	Read Replies (1) \| Respond to of 44573

Trading Machine, >>>> so given that we went down more than the 50 points for day two, what does that say for Monday? Will we have a flat or down day, or does this screw up the three day pattern? Also I have never heard you say anything about day 4, is there no statistics on this one? <<<< I have mentioned in the past that DAY-4 is a flip of the coin, not statistically viable direction. If DAY 1 and DAY 2 are both down strong, then DAY-3 is either flat or down(intraday basis). I checked my statistics and when DAY-2 is also down strong, similar to DAY-1, it leans more towards greater negativity, but not convincingly. Seeya