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 : Pitbull Investing Strategies -- Ignore unavailable to you. Want to Upgrade?


To: Richard Estes who wrote (617)1/13/1998 9:24:00 PM
From: Doo  Respond to of 789
 
Daniel: I think you can count Monday as a bottom a la WON and the Market Direction chapter of HTMMIS. However, some friends of mine have back tested these types of reversals in the indices and find that they work better on higher volume than the prior day. Nevertheless, I don't think O'Neill requires such a reversal at all, much less on higher volume. You simply count 3-10 days out from the most recent low.

I'm counting.

Jeffry