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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 (10473)6/28/2001 9:56:17 AM
From: donald sew  Read Replies (4) | Respond to of 52237
 
With the NAZ up 45, just got CLASS 2 SELL signals on the NAZ/NDX. I will wait for a CLASS 1 SELL signal before doing anything.

Assuming that the NAZ/NDX closes at the intraday highs, I would get a CLASS 1 SELL signal tomorrow(FRIDAY - got that day right gggggg) and the window is until the following day's high(MON). Lets assume that I do get a CLASS 1 BUY signal tomorrow, which would imply that tommorrow is also up, then we have the FRI-MON effect where MON either takes the direction of FRI or is flat. YES I KNOW Mon is a holiday - Im surprised I remembered ggggggg; however per my research there was no statistical proof that a holiday weekend is different.

Also we have the end-of-month rally. So Im not shorting until the MON-TUE timeframe.