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


To: Trumptown who wrote (7845)5/22/2001 10:19:35 PM
From: Captain Jack  Read Replies (1) | Respond to of 52237
 
The chance of the reversal you are looking for due the recent rise is compounded by a LONG weekend. JMO.



To: Trumptown who wrote (7845)5/22/2001 10:57:34 PM
From: donald sew  Respond to of 52237
 
Sting-ray,

>>>> The strength (lack of weakness) today was impressive...any chance of the 3 day pattern here...with Monday up strong, Tuesday essentially flat, and Wednesday up strong? <<<<<

It was a SELL signal not a BUY signal. The 3-DAY PATTERN doesnt start until the 1st strong DOWN DAY. If the NAZ was to rally right from here with no further downside, even intraday, it would be a NEGATED CLASS 1 SELL signal.