SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Barbara Barry who wrote (12982)1/10/1998 1:30:00 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 94695
 
Hi Barbara,

An outside reversal week occurs when:

1) the week's high exceeds the previous week's high,

2) the week's low exceeds the previous week's low, and

3) the close for the week is below the intraday low of the previous week.

All three conditions MUST be met. Look at the DOW and you will see it. Please let me know if you still don't see it. In fact, it's every you look. This past week's pattern will be in future texts of market timing and technical analysis.

GZ