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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (24985)1/17/2003 8:57:29 PM
From: ajtj99  Respond to of 30712
 
Scans getting into a range where a small bounce tends to occur:

Message 18459754



To: ajtj99 who wrote (24985)1/17/2003 9:01:54 PM
From: jtech  Respond to of 30712
 
You mean like this?


Message #24272 from jtech at Jan 15, 2003 12:29 PM

trin rising with the tick.More downside coming here.



To: ajtj99 who wrote (24985)1/17/2003 10:55:39 PM
From: JRI  Read Replies (1) | Respond to of 30712
 
A- didn't you post something from Brian off the fool a couple days ago? I think he was spot on here (no?), and is (was then) looking for the (small) bounce you are looking for (too) before more down..



To: ajtj99 who wrote (24985)1/17/2003 11:03:23 PM
From: Les H  Read Replies (2) | Respond to of 30712
 
it may need one more down day to get the 5-day trin to approach 2.50. the 4-day trin is just above 2.00. next week's 4-day week screws up the bear market pattern (i.e., the reverse of the bull market pattern) of buying the monday am low and sell the tuesday pm /wednesday am top, and ride the rest of the week down.



To: ajtj99 who wrote (24985)1/18/2003 5:38:33 AM
From: sun-tzu  Respond to of 30712
 
wouldn't be surprised to see gap in NDX close before resumption of down, but yes otherwise