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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (34735)12/5/1999 8:53:00 AM
From: Les H  Read Replies (1) | Respond to of 99985
 
If one only played that scenario perfectly during this run WITHOUT SLIPPAGE, the gain would have been 2027 Dow points or 290 points per week, as opposed to 1267. If it does pull back after a brief Monday follow-thru, the average pull back is about 180 Dow points with the average rally to Friday's close about 260 points. I believe there was the old lore that small investors sell on Monday or Tuesday since they are skeptical of the market.