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

To: donald sew who wrote (37030)	2/3/1999 8:25:00 AM
From: Chris	Respond to of 94695

yes, i heard about this before. as well. good call on mkt donald.

To: donald sew who wrote (37030)	2/3/1999 4:10:00 PM
From: Vitas	Respond to of 94695

Donald, I'm using January 8th as the high in the NYA index, which correlates to the use of NYSE a-d figures in drawing the triple declining summation slammation pattern. Or you could use January 6th, the a-d line high, also the day where the a-d line nicked its declining trendline from April 3rd through July 16th. From there you count approx 38 calendar days to the point where the slide begins in ernest, culminating on capitulation day, calendar day 55, approx March 4th. The 36th day is February 13th, the 39th day is February 16th, which happens to be the day Dell is due to report. Once certain oscillators reach a certain condition that will be a better signal than simply counting days. This will depend on how and what kind of rally unfolds in the interim. For instance, we might look for a 17 day a-d oscillator to stall at zero. Or it may fail at a point somewhat higher. For more on the 55 day "rule" see: Message 4486975 Vitas