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


To: Arik T.G. who wrote (2579)3/12/2001 11:59:39 AM
From: donald sew  Respond to of 52237
 
Paul, Arik,

The weekly CLASS 1 BUY signal just arrived, so the buy-in is until next week lows. It is a weekly signal. However, what pin-points the timing a bit better is that I would get CLASS 1 BUY signals in 1-2 days if the market continues down, and did get CLASS 2 BUY signals today - so it is getting close.

When a daily and weekly signals rings at the same time/close in time, that solidifies the signal, but of course its never 100%.

So if the market continues down, tomorrow and WED are better buy-in days; however I will start nibbling today if the NAZ/NDX closes near/at the intraday lows.

Although the NAZ NET NEW HIGHs/LOWs are deteriorating, it is not deteriorating with strong significance and nowhere close to DEC lows near 900.

Right now listening to the CEO on Newmont Mining(NEM) and he mentioned that for his firm that a 4% rise in the price of gold raises his revenues 10%. If I misquoted, please correct me. Lets go GOLD, I got HM.



To: Arik T.G. who wrote (2579)3/12/2001 11:59:39 AM
From: donald sew  Respond to of 52237
 
Paul, Arik,

The weekly CLASS 1 BUY signal just arrived, so the buy-in is until next week lows. It is a weekly signal. However, what pin-points the timing a bit better is that I would get CLASS 1 BUY signals in 1-2 days if the market continues down, and did get CLASS 2 BUY signals today - so it is getting close.

When a daily and weekly signals rings at the same time/close in time, that solidifies the signal, but of course its never 100%.

So if the market continues down, tomorrow and WED are better buy-in days; however I will start nibbling today if the NAZ/NDX closes near/at the intraday lows.

Although the NAZ NET NEW HIGHs/LOWs are deteriorating, it is not deteriorating with strong significance and nowhere close to DEC lows near 900.

Right now listening to the CEO on Newmont Mining(NEM) and he mentioned that for his firm that a 4% rise in the price of gold raises his revenues 10%. If I misquoted, please correct me