Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: donald sew who wrote (11168)	7/9/2001 4:27:56 PM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 52237

Donald: Re: "That is correct. I never thought of trying to figure out why that is, on a fundamental basis. It just worked out that way and the pattern is statistically viable. Not that I shouldnt dwell into it more, but I learned something from a friend who is scientist and we were just discussing the mechanics of doing an analysis, whether its with genes, or weather, or the market. When doing an analysis, sometimes its better to keep it simple. If it meets the parameters of being statistially viable, then its statistically viable. We may not know exactly why, but that doesnt diminish the statistical viability." Understood. And I have no reason to explain why the Nasdaq is up 88% of the time on July 9th only to say that it happened again <g>. Downside was limited and SPX 1180 held as expected. But like I said previously, the upside seems to be limited as well. Looks more like a technical bounce with questionable staying power. It looks more like a pause to refresh before resuming a downtrend. What is your take?