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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 (3303)3/18/2001 9:32:37 AM
From: donald sew  Respond to of 52237
 
Arik,

>>>>> So I understand that a gap up on Monday (morning star completed) will support the Class buys, and a gap down (Morning crap?) will hint at a possible negation? <<<<<

I still dont have firm CLASS 1 BUY signals on the NAZ/NDX, but did get CLASS 1's on the DOW/SPX/OEX, so the NAZ/NDX could continue down into TUE and still not give a hint of being negated. However, for the DOW/SPX/OEX, if they close negative at the intraday lows tomorrow, that would be the first hint of a negated signal, and if TUE continues down and closes at the lows that would confirm the negated signal. In this senerio, if TUE closes negative but off of the intraday lows - no negated signal, but if WED drops below TUEs lows, thats a firm confirmation of a negated signal.



To: Arik T.G. who wrote (3303)3/18/2001 9:42:11 AM
From: donald sew  Respond to of 52237
 
Arik,

Just wanted to add.

The basics of my NEGATED SIGNALS is that there needs to be some sort of positive reaction on a closing basis within 1 day of the BUY-IN DAY after the CLASS 1 signal rings, even if the positive reation is as minor as NOT closing at the intraday lows. So the first hint of a negated signal at the earliest could arrive on the BUY-IN DAY, but not get confirmed until the following day. So the earliest for a CONFIRMED negated signal, not just a HINT, would be 2 days after a CLASS 1 signal rings. Hope that clarifys the negated signals.