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


To: JRI who wrote (11360)7/11/2001 11:51:53 AM
From: donald sew  Read Replies (3) | Respond to of 52237
 
Jri,

>>>> When you we get to negated Buy One's? Tomorrow at close (if down continues) or by close today? <<<<

I get this question so often. gggggggg
Firstly, negated signals are rare, but when they do occur they could produce huge moves.

OK, heres the basic rules.

1) first HINT of a NEGATED CLASS 1 BUY - the close on the last day of the WINDOW, NOT the day of the signal, is at the intraday lows. This is just the first hint and needs to be confirmed.

2) first CONFIRMATION of a NEGATED CLASS 1 BUY - the day after the WINDOW the close is at the intraday lows. If on that day it closes off of its intraday lows, that would mean that the response to the CLASS 1 signal was just delayed one day, and not negated.

These are precise parameters, although there are a few exceptions which I wont go into, since its too timely