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

To: Paul Shread who wrote (47385)	11/6/2003 8:59:06 AM
From: Terry Whitman	Read Replies (1) \| Respond to of 52237

Oh ye of little faith. It's November, man- and a thursday to boot. -g- Did a little research yesterday on Wednesday as an indicator for the rest of the week. I checked out the 4th Qtr. (NDX) for the past 2 corresponding yrs. of the presidential cycle. '99 and '95: When Wed. was UP (>0.5%), thur-fri was UP 7/9 times. When Wed. was DOWN (>0.5%), thur/fri was UP 6/7 times. When FLAT, thur-fri was DOWN 3/5 times, and FLAT the other 2/5. Studied a few other (non-corresponding cycle) yrs. and the results were a bit different: UP on Wed. still corresonded w/ an UP thur-fri (60%), but FLAT and DN had just one good correlation: FLAT on Wed. had a low incidence of gains on thur-fri (25%) Conclusion- a FLAT wednesday this time of yr. says that there is a very small chance of any gain the next two days. Of course, this was based only on closing values- so anything could happen in the middle. Yesterday the NDX was FLAT, FWIW. Hope that is of some help, or at least some small amusement. -g-