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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (524)3/21/2000 8:33:00 AM
From: Chip McVickar  Read Replies (1) | Respond to of 33421
 
OKAY GZ....!

Got it on the Nasdaq:
It's basically a 7 day wiggle
Spike and Reversal are completed in 3 days
Day 2 is completed in 3 days
Day 3 is completed in 1 day

SOX is a 5 day:
Spike and Reversal are completed on the 1st day
Day 2 takes 3 days to complete
Day 3 is completed in 1 day

Very Nice.....Looks like Greenspan may use a .50....?
Got to get these markets down and rates up before Japan crumbles again in May or June.

Chip



To: GROUND ZERO™ who wrote (524)3/21/2000 12:36:00 PM
From: IndexTrader  Read Replies (1) | Respond to of 33421
 
Hi GZ,

Thanks for posting the info on the Naz wiggle. Do you have a downside target?

Also, I have been watching other indicators (MACD in particular) for a divergent low and one has not yet occurred.
siliconinvestor.com
It seems that the biotechs are the weakest group right now. Is there a sell wiggle in this chart, too?

Thanks
Susan



To: GROUND ZERO™ who wrote (524)3/21/2000 5:17:00 PM
From: IndexTrader  Read Replies (1) | Respond to of 33421
 
Hi GZ,

Would today's rally in the Naz change the sell wiggle?
astroecon.com

Or would it take a close above yesterday's high?

Thanks in advance.