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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Bull RidaH who wrote (36321)1/13/1999 2:00:00 AM
From: donald sew  Respond to of 94695
 
David,

My CLASS SELL signals came yesterday and today respectively, but what was important was that the pullbacks reacted right on time. I mentioned it earlier, that on a statistical basis when the reversal reacts right on time it normally implies that the pullback will be a normal one in size. If the signal is early, then the pullback is small and if the the signal is late then big.

Its just something that I have been watching statistically.

Im not a wave man, but would agree that as long as the recent highs are not taken out to the upside there is more downside to this pullback.

seeya



To: Bull RidaH who wrote (36321)1/13/1999 9:41:00 PM
From: SE  Read Replies (1) | Respond to of 94695
 
Given today's action and a drop below 9380 already, where do you see us now? Does the move this morning change your count or are we still on target for no higher than Monday's highs?

-Scott