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: Kip518 who wrote (22297)7/25/1998 12:07:00 PM
From: HairBall  Read Replies (1) | Respond to of 94695
 
Kip: Very interesting post. Thanks!

Regards,
LG

EDIT: Haven't followed Peter in a few years! Since loosing access to KWHY in LA.



To: Kip518 who wrote (22297)7/25/1998 12:22:00 PM
From: Monty Lenard  Respond to of 94695
 
Kip518, Is this the pattern he is referring to?
It is the only period I could find is recent history that fit.

ADV DEC RATIO
3/5/98 803 2113 0.38
3/6/98 2190 772 2.84

3/9/98 1375 1559 0.88 Pattern Begins
3/10/98 1920 1012 1.90
3/11/98 1743 1221 1.43
3/12/98 1493 1411 1.06
3/13/98 1474 1389 1.06
3/16/98 1790 1150 1.56
3/17/98 1443 1504 0.96
3/18/98 1540 1347 1.14
3/19/98 1640 1268 1.29
3/20/98 1657 1271 1.30
3/23/98 1397 1586 0.88
3/24/98 1746 1190 1.47
3/25/98 1362 1522 0.89
3/26/98 1453 1506 0.96
3/27/98 1311 1563 0.84
3/30/98 1223 1714 0.71
3/31/98 1921 1033 1.86
4/1/98 1742 1227 1.42
4/2/98 1758 1200 1.47
4/3/98 1518 1431 1.06
4/6/98 1289 1698 0.76 Pattern ends 21 days

4/7/98 875 2075 0.42
4/8/98 1276 1687 0.76

(I included 3/5/98 & 3/6/98 just to show that
they were not in the pattern)

Then if you add the ratios 4/7/98 of .42 and 4/8/98 then divide by 2,
you are less than .65

Monty

PS Jim, if you read this- - - maybe this is the holy grail I have been searching for??? :-)



To: Kip518 who wrote (22297)7/26/1998 4:17:00 AM
From: Karim Allana  Respond to of 94695
 
<< Time for the BK? from Peter Eliades' latest Newsletter:>>

Intersting Post!

This post got me looking at $DJX monthly and weekly candlesticks. On the Monthly chart, Dow forms a "Gravestone Doji" at the top, ominously bearish. On the weekly chart, Dow forms a bearish engulfing pattern, also very bearish. The market could make a major correction in the coming week(s), month!

I am going to put some of my investment in cash and wait it out next week.

OSX, RIG, VRC, DO, SLB all showed no sign of reversal on Friday. FGII was slightly bullish due to stock buyback news.

Happy Investing!

Karim