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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Psycho-Social who wrote (46671)	4/3/2002 11:17:57 PM
From: Vitas	Read Replies (1) \| Respond to of 99280

Is that from stock trader's almanac? -e-

To: Psycho-Social who wrote (46671)	4/3/2002 11:58:14 PM
From: LTK007	Read Replies (2) \| Respond to of 99280

<<Yes, but the next day is historically strong, and begins a period of positive seasonality that extends to April 18th!>> i back you up on that historically speaking, but the caution if it breaks from pattern, that would be a major negative in my view.But the percentages strongly in your favor.(should note April can be dangerous in a Bear Market so these days could be defining to those wondering bear/bull?---where i stand is NO secret:) COMPX today closed with a crossdown to negative momentum for the first time since 1/18, and has happened on a sharp down curl. The key here is trend, thus it need get back to above zero fast. It's last sharp curl upwards was started on 3/1. SPX is momentum also in a sharp down line but still positive at 3.3(based on IQCharts Daily period measures). In 1998 one could have waited to as late as 4/7 to buy in. Last year the move was explosive starting morning of 4/4--by explosive i mean it was a rip roaring prolonged rally off of a prolonged sell-off, for instance SPX on 4/3 momentum was minus 137 and COMPX was minus 400(yes,that's 400:).That was one big rally up last year--rally didn't top in COMPX until 5/22. max p.s. The high tension(extreme high tension i would say) in M.E. now a factor on market without question. how long?