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


To: AlanH who wrote (9813)6/8/1998 4:23:00 PM
From: AlanH  Read Replies (1) | Respond to of 42787
 
Lisa, sometimes we get lucky...

We should close smack in the middle of the trading range today

INDU off by .11 points of dead center.
OEX off by .05
SPX off by .74
NDX off by .685

By the way, are you using absolute TRINQ 5-day values to determine your NAZ position? Or, are you plotting 5-day against 10-day (for example) and looking for crossover?



To: AlanH who wrote (9813)6/8/1998 10:09:00 PM
From: AlanH  Respond to of 42787
 
Daily Candlestick prognosis for tomorrow:

Last Friday, my gut told me that Tuesday would be an 'up' day. However, the candles don't look so promising. While OEX, SPX are neutral (to slightly bearish), NDX is bearish. This said, most of my candles stuff is augmented with other indicators; also, I tend to use the technique in a funky way -- intraday vs. day-by-day. Tonite, I'm attempting to use daily formations; and, I should mention that the actual patterns do not nicely fit a textbook pattern. Therefore, the above analysis should be viewed with low to moderate confidence.

Tomorrow I'll post relevant formations as appropriate. (If you've been comparing charts, you'll note that many formations are not posted. This can be explained as patterns which don't meet my somewhat crude criteria. An exception here is the more esoteric patterns, which I'll introduce later.)