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

To: steve from ihub who wrote (29330)3/17/2003 5:22:26 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 30712
 
Steve: Green was not a surprise but the amount was. Internals say this is a bear market/ war rally and a nasty one. Nasdaq net highs and are still negative. My system shows -16. Trinq close at .19. A/D 2:1 which was less than last Thursday which was 2.5: 1.



To: steve from ihub who wrote (29330)3/17/2003 6:25:38 PM
From: Jeff  Read Replies (1) | Respond to of 30712
 
a black oxy defined by its color is not an up or down signal.....

its a trend signal....could be up or down.....depends also on the candle....

and often times the "true" trend might come a few days later as the first move off it can be a headfake.....

btw.....the NDX 795 bottom was a black oxy......so seeing a black oxy doesn't flat out mean its a topping signal....


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