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Some of you may be interested in the status of a
possible reversal in the DJIA tomorrow. Markets reverse inside out. That is,
they must reverse in the shortest time frame first, then next highest, etc. Tha
attached table shows the status of the 30 DJIA stocks relative to reversal on 5
minute, 60 minute and daily time frames. The 5 and 60 minute reversal are
signaled by a cross over of an indicator that considers previous highs and lows.
The daily reversal confirmation is a penatration of the previous day's
high. I have also indicated what I believe to be the best buy candidates
for tomorrow.
Jim White
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Attachment:
Description: "Status of Reversal in DJIA.doc"
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