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


To: Jerry Olson who wrote (32208)3/14/2002 11:32:26 AM
From: miklosh  Read Replies (1) | Respond to of 52237
 
Hiya Jer.
from Don Sew today:

IDENTICAL THREE BLACK CROWs on the SOX confirmed. As mentioned often in the past, it is not uncommon for a bounce after the 3rd day of the 3-CROWs - of course it could also head straight down. If there is a bounce, such should be sold if it does not exceed the middle of the combined 3-CROWs.

Jer, your thoughts, specifically on what if the bounce does not exceed the middle of the combined 3-CROWs? We talked about this pattern yesterday and da sox has me a bit worried right here as you know...:-)

regards