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


To: isopatch who wrote (19429)9/20/2001 6:49:56 AM
From: donald sew  Read Replies (1) | Respond to of 52237
 
Isopatch,

>>>> So the earliest you could get a monthly Class 1 Buy Signal would be the end of October, assuming the market indices in question end lower than the last day of September? <<<<

The earliest I could get the a MONTHLY CLASS 1 BUY would be OCT, and the WINDOW would be until the NEXT MONTH's LOWS, which would be NOVEMBER. The monthly CLASS 1 BUY could first ring anytime in OCT. What I normally do is assume that some sort of a significant bottom is set with the first DAILY CLASS 1 BUY after both the WEEKLY and MONTHY CLASS 1 BUY SIGNAL RINGs. It worked well in the past, but nothing is 100%.

I also need to mention that the market can rebound without hitting a CLASS 1 BUY on the monthly.

The WEEKLY did ring this week, so the window for the WEEKLY CLASS 1 is until next weeks lows. So the WEEKLY SIGNAL is a little early to line up with a possible MONTHLY CLASS 1 BUY.



To: isopatch who wrote (19429)9/20/2001 9:45:08 AM
From: Terry Whitman  Read Replies (2) | Respond to of 52237
 
ISO,

What are your thoughts on energy here? It looks mighty inviting to me. The price of oil is certainly holding up well- even as the stocks are plummeting. TA suggests more downside may be possible on the stocks. I don't see the bearishness in the underlying commodities however. Nat. Gas seems to be very reasonable for this time of year.

Just sitting here on this pile of cash,
TW