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


To: faro who wrote (36673)11/29/2000 2:28:48 PM
From: donald sew  Read Replies (1) | Respond to of 42787
 
Faro,

>>>>> And for the IDENTICAL 3-BLACK CROWs on the NDX -- does that mean we should expect a break up at the beginning of the crow soon as tomorrow? <<<<<

Not sure what you mean, but will give it a shot. It is not uncommon that after the 3rd day of the 3-CROWs, the index rallys - Im not saying that it will definitely bounce. However the bounce after the 3-BLACK CROWs should be small and the selling could intensify after that bounce, if a bounce occurs immediately after the 3rd day. We could also get a 4th day/onwards washout to the downside without a bounce.

"3-BLACK CROWs" just aint good and it very reliable.

seeya