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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?

To: penthouse mike who wrote (39541)	10/28/2012 7:35:10 PM
From: GROUND ZERO™	Read Replies (1) \| Respond to of 218959

It would require a major sell off tomorrow for the NT to turn lower... it could happen... Yes, I find the Thursday to Friday phenomenon an interesting one... it seems to forecast market direction longer term... I'll put something together and post it here so you can see what it looks like... GZ

To: penthouse mike who wrote (39541)	10/28/2012 7:52:19 PM
From: GROUND ZERO™	1 Recommendation Respond to of 218959

Here's one of many Thursday to Friday graphs i put together... the green line represents the cumulative Thursday to Friday closing difference, the blue line is the cumulative Friday to Friday closing difference... I have many other Thursday to Friday charts, but this is most interesting right here... I have marked in yellow on the chart below the graph when both lines have turned up simultaneously and when both turn down simultaneously... these simultaneous turns appear to occur at key tops and bottoms and you can see both lines have topped out and have been pointing lower for a while now... the market could turn higher at any time, but right now the bias is still lower, according to this indicator... GZ