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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jon K. who wrote (7046)2/25/1999 11:18:00 PM
From: donald sew  Read Replies (2) | Respond to of 99985
 
Jon,

Once a pullback or rally starts, I have noticed on a statistical basis that the 1st and 3rd day are commonly stronger movement days, while the 2nd day varies. Tomorrow would be the 3rd day of this specific pullback.

I also feel that if tomorrow is not significant down day say 75+ down points, then that may be a hint that this pullback may not be that strong.

Hope I was able to clear it up

seeya