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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Linda Kaplan who wrote (53655)9/23/1998 3:44:00 PM
From: donald sew  Read Replies (3) | Respond to of 58727
 
Linda,

My system is based on time not price movement. I realise that it is hard to understand since it is not linear.

When a signal goes off, the BUY-IN day is always the HIGHS of the next day. At times the the pullback actually starts the day the signal goes off not on the BUY-IN day.

Thats the chance that an individual has to make. Tomorrow could be up some on a intraday basis, before the pullback starts, or it could start right at the open. It is common for the BUY-IN day to end in a DOJI or SPINNING TOP, then the pullback starts thereafter. If you check the charts there are many DOJI or SPINNING TOP days which identify the top of an upswing.

Well, it appears that the market got what they wanted to hear from Greenspan, since we are now up 220 points on the DOW.

Seeya