|
PureBytes Links
Trading Reference Links
|
brilliant !!!!!
How many years of observation did it take you to come up with this BS?
Don't ridicule please this forum with such nonsense......
----- Original Message -----
From: "kimlarinc" <wallmann33@xxxxxxx>
To: <Metastockusers@xxxxxxxxxxxxxxx>
Sent: Tuesday, February 15, 2005 11:11 PM
Subject: [Metastockusers] Tip
>
>
> Turnaround Wednesday
>
> You won't find this term in the bibles of trading and investing. And
> you won't hear the folks on CNBC say "Turnaround Wednesday" like
> they refer to "January Effect" or "Earnings Season."
>
> They're missing the boat. After watching chart action for a good
> five years, we're convinced that Wednesday is a key reversal day for
> the market. When conditions are right, Wednesday is a turnaround
> day around 80% of the time.
>
> Simply put, if the market moves strongly in one direction on Monday
> and Tuesday, it will likely head in the opposite direction
> Wednesday. If the DOW is up 75 points Monday and adds 120 on
> Tuesday, odds are that the index will give back some points on
> Wednesday. Likewise, if the DOW sheds 100-200 points Monday-Tuesday,
> the index will gain ground Wednesday.
>
> We've watched this occur dozens of times. Why it occurs, we don't
> know. It could be as elementary as longs taking profits after
> several days of strength, or shorts covering winning positions after
> several days of weakness. It could be the complex influence of buy-
> sell programs launched by the big intuitions. It could be the
> alignment of the planets. All we know for certain is that Turnaround
> Wednesday happens, time after time.
>
> The key is the strong move Monday-Tuesday. If Monday is up and
> Tuesday is down, or vice versa, the action for Wednesday depends on
> other factors.
>
> So if you are planning to enter or exit a position, reallocate 401
> (k) mutual funds, etc, make sure to check the market action on
> Monday-Tuesday for signs of a Turnaround Wednesday. It can put you
> on the right side of a trend.
>
> http://clix.to/wallmann
>
>
>
>
>
>
>
> Yahoo! Groups Links
>
>
>
>
>
>
>
>
------------------------ Yahoo! Groups Sponsor --------------------~-->
Has someone you know been affected by illness or disease?
Network for Good is THE place to support health awareness efforts!
http://us.click.yahoo.com/Rcy2bD/UOnJAA/cosFAA/zMEolB/TM
--------------------------------------------------------------------~->
Yahoo! Groups Links
<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/Metastockusers/
<*> To unsubscribe from this group, send an email to:
Metastockusers-unsubscribe@xxxxxxxxxxxxxxx
<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/
|