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

To: donald sew who wrote (7956)5/24/2001 10:19:20 AM
From: donald sew  Read Replies (1) | Respond to of 52237
 
The 3-DAY PATTERN is still setting up. DAY-2(today) should either be down or flat(closing basis). If the market was to rally today and close near the recent highs that would negate the possibility of a 3-DAY PATTERN. For now, the overall market is relatively flat.

The reason I started mentioning the 3-DAY PATTERNs was because many felt that it was bullish if the day after a strong selloff was flat. Statistically there is no support for that, base off of the CLASS 1 SELL signals. In more cases than not, if DAY-2 is flat, it is just a rest before the move continues.



To: donald sew who wrote (7956)5/24/2001 11:39:38 AM
From: Terry Whitman  Respond to of 52237
 
Good Move. <gg>
>have started reducing the amount of time I tune into CNBC and starting to watch cartoons. ggggggg <

Where's Paul? Writing the 'Big Fake Out' Article. <g>
Exh.A- cybersaavy.bizland.com

Just kiddin' w/ Paul. He writes good stuff, and if you looked past the title on the 'Big Breakout' article- he did caution about the possibility of a ST top.


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