SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Casaubon who wrote (39451)9/4/2002 12:34:24 PM
From: Paul Shread  Respond to of 52237
 
One month seems to be enough, but it went on for something like 10 months in 1974. Depends on the intensity; five 90% downside days seems to be the average. If we got 5 in one month, that would be a hint that it might not go on long (1970 bottomed that way).

Edit - 1974 had 12 in a 13-month period, including one brutal false signal in January 1974 (a 90% upside day that was quickly followed by another 90% downside day). 1966 had 6 in two months, including a false signal (90% upside day) after the fourth one.

1970's my preferred model - 5 in a month, a 90% upside day two days later, and then off to the races. Nothing messy about that one.

Here's a link to the study: lowrysreports.com