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

To: AllansAlias who wrote (39140)	8/21/2002 3:23:23 PM
From: Paul Shread	Respond to of 52237

I'm almost blind from staring at daily Dow data going back to 1932, but what I've seen suggests that there are no one-day reversals at major bottoms. The closest was probably May 1970, which took three days to do the 10% turnaround that July 24 did in one day. Interestingly, volume really picked up in the two days after the May 1970 bottom. Both days had higher volume than the bottom day. FWIW.