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: Chris who wrote (29508)9/12/2000 9:55:43 AM
From: Paul Shread  Read Replies (2) | Respond to of 42787
 
Dow broke an H&S to the downside at 11,200. The market's not done selling yet. Nasdaq's rally is too weak.



To: Chris who wrote (29508)9/12/2000 10:26:17 AM
From: donald sew  Read Replies (1) | Respond to of 42787
 
Chris,

>>>> dow not rallying today <<<<

Per yesterdays close the DOW was still not in CLASS BUY region so it still had potential downside. This morning I did get a CLASS 2 BUY signal on the DOW, so if it does continue down I would get a CLASS 1 by tomorrow, but could also bounce right from here.

Frankly, this is more normal per my short-term system where an index moves to class buy region before bouncing and the rebound starts at different times.