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


To: Paul Shread who wrote (17738)9/5/2001 10:34:33 AM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
Edit: Just noticed two others, on 10/24 and 12/29. Chart updated. Only the first two I mentioned (1/31 and 2/13) closed on their lows, however, leaving no lower shadow.

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To: Paul Shread who wrote (17738)9/5/2001 2:13:09 PM
From: donald sew  Read Replies (3) | Respond to of 52237
 
Paul,

>>>> I thought yesterday's COMPX stick looked pretty ugly (upper shadow with a lower black body, completely engulfing the previous day, with a close below the previous day's low), so I went back to the September-April decline to see if I could find other examples. I found only two, on January 31 and February 13. January 31 was the start of a big decline, and the market rallied for two days after February 13 before selling off <<<<

I refer to it as a NEGATIVE SANDWICH. Its not in the textbook