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: lurqer who wrote (39802)9/23/2002 11:17:02 AM
From: Paul Shread  Respond to of 52237
 
Gotcha. I've thought about taking a look at that, but haven't found the time yet.

Oddly, I've seen 90% down/up days with moves as little as 1% in the few Lowry's dates I've looked at. My guess is that's a sign that the trend is nearing exhaustion - there's not much left on the other side of the trade when you start getting numbers like that.



To: lurqer who wrote (39802)9/23/2002 4:53:13 PM
From: Paul Shread  Respond to of 52237
 
Just using the 1970 example:

90% downside days:

April 22, 1970: Dow lost 1.5%

April 27: -1.6%

May 4: -2.6%

May 20: -2.2%

May 25: -3.1%

May 27, 1970, the 90% upside day 1 day after the low: +5%