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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Greg Werner who wrote (20425)8/11/1998 11:43:00 AM
From: ivan solotaroff  Read Replies (1) | Respond to of 79273
 
PGDCEB RULES

Greg,

For a Post-Gap Dead-Cat Exhaustion-Bottom signal:
One waits for at least three weeks after a stock gaps down 30% or more. Then, on a day on which a new post-gap low is hit on volume significantly higher than the three days previous, one buys the stock if it appears that it will close at least one tick above the low of that day.
But that's probably not what you were asking.

Ivan


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