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


To: Compadre who wrote (43643)3/4/2003 4:40:18 PM
From: Stephen  Read Replies (2) | Respond to of 52237
 
jaime, that indicator is a trend reversal indicator. Given that the trend has been down ... it isn't really applicable ... trin looks unusally high so a bounce isn't that unlikely. I suspect any dip tomorrow will be bought for a trade.

Best regards

Stephen



To: Compadre who wrote (43643)3/5/2003 3:41:53 AM
From: Clappy  Respond to of 52237
 
We have a 3 outside down pattern in the Candles, for NDX, COMPX and SOX.

I was under the impression that the bearish engulfing stick
(the 2nd stick in the series) needed to have greater volume
than the first day in the series for it to be considered
reliable, but then again who knows.

(I only noticed this to be the case in QQQ. Not in the NDX or COMPQ.)

litwick.com

One thing for certain is that this sell off as been rather
weak (volume wise). However, I still intend to short any
bounce here.

-Clapper