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

To: Paul Shread who wrote (5601)	4/11/2001 10:43:51 AM
From: JRI	Read Replies (1) \| Respond to of 52237

ChKP, JNPR, QCOM, BEAS...didn't get anywhere near their high of the day on this last Naz move back to the top... Some massive short-covering this morning....also, I guess one has to wonder if Naz rally is due for a real retrace now....those guys usually lead.....they've gone straight up last few sessions..

To: Paul Shread who wrote (5601)	4/11/2001 1:40:04 PM
From: donald sew	Respond to of 52237

Paul, >>>>> Have you studied how your daily signals relate to trends? For example, you're getting Class Sell signals here on higher highs; is that a potential sign of a trend change? <<<<< My short-term technicals are not designed to identify trend changes other than short-term trends(1-5 days). Having said that I have noticed that SELL signals in a a downtrend are more reliable and commonly produce significant moves and vice-versa for BUY signals in an uptrend. I have also noticed that it is common in a downtrend that my short-term technicals may not get to CLASS SELL territory before reversing down. So it is fair to say that if I do get a series of CLASS SELL signals in a downtrend after not getting a CLASS SELL for awhile may be a hint that the trend is changing. For most, there are 2 trends, UP or DOW, but for me I use 3 types of trends, UP/DOWN/TRADING RANGE TREND. Since the most recent trend has been down, and now that Im getting CLASS SELL signals - that is a hint that the trend may be changing either to an up trend or a trading range trend.