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 II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: theniteowl who wrote (682)2/22/2001 7:21:26 AM
From: donald sew  Read Replies (1) | Respond to of 52237
 
theniteowl,

The TRAN is similar to the DOW since there is a slight gap between DAY-2 and DAY-3. I mentioned that the DOW was an imperfect 3-BLACK CROWs since the SPX/OEX was supporting it with their 3-BLACK CROWs; however I would normally say that it was just a negative pattern but not a 3-BLACK CROW. So in this case for the TRAN, I would say the same as for the DOW that it is an imperfect 3-BLACK CROWs. Now thats 5 3-BLACK CROWs arriving the SAME day. 3 which were textbook examples(OEX/SPX/RUT), and 2 which are imperfect(DOW/TRAN) Hasnt happened before, and just aint good.