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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: dennis michael patterson who wrote (25026)	7/7/2000 4:02:03 PM
From: Gersh Avery	Read Replies (3) \| Respond to of 42787

Most mutual funds have a cut off time of 3 PM for customers to place orders. By 3:05 there are usually a few ticks in price action and trin that tip the hat about which way the weight of these orders are comming in at. The bulk of the orders that result are usually filled by 3:25-3:30 or so. The trin was ramping down into that time frame. We were over the 1480 mark that I had been watching. Both of these said to me that we were heading up for the next half hour. But the response to these signals was weak .. by 3:20 the SPX had started to move back down and the trin started to move back up. These were the basis for my reversed signals for the last hour time frame for today.