SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Haim R. Branisteanu who wrote (26836)8/4/2000 5:31:24 PM
From: donald sew  Read Replies (1) | Respond to of 42787
 
Haim,

>>>> do you think that the NAZ satisfied the evening shooting star scenario? <<<<

Techncially, it is a SHOOTING STAR, which could become an EVENING STAR if the next day is a black day with a flat or lower open. Sorry to nick-pick.

Frankly I prefer to have more than 1 up day before calling it a SHOOTING STAR, but since yesterday had an intraday swing of approximately 300 NAZ POINTS, I say today does qualify for a SHOOTING STAR. Many didnt realise that the NAZ swung so much in a single day.

Per my INDEX UPDATE which I just finished, I mentioned the SHOOTING STAR in the VIX which is lining up with the SHOOTING STAR in the NAZ.