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: Paul Shread who wrote (42473)2/9/2001 4:05:54 PM
From: donald sew  Read Replies (4) | Respond to of 42787
 
Paul,

Posted this earlier on our site:

By Donaldsew on Friday, February 09, 2001 - 01:26 pm: Edit

Noticing 2 important issues:
1) SOX is up while the NAZ/NDX is down. For months the SOX has been a leading indicator for the NAZ/NDX, so historically its a hint of a short-term bottom

2) An imperfect IDENTICAL 3 BLACK CROWs on the OEX. It would be better if the the shaddows on DAY 1 & 2 to be a little smaller, but its fair since they did not exceed the mid-way of the adjacent day.

The SPX looks similar to the OEX, but the SHADOWs on DAY 1 & 2 are too long.

So, combining the 2 together is this a hint that the overall market may continue down say after a small rally in the NAZ/NDX or is it a hint of sector rotation to begin soon where money may be moving from the DOW to the NAZ. Too early to tell for sure right now.
<<<<<<<<<<<<<<

That post was made around 1:30, but now it may not be a 3-BLACK CROWs, since DAY 3 is significantly longer than DAY 2. Going to look at it more carefully this weekend