Thanks Mike . I understand that . I'm asking , "if we are better off going down and making a double bottom , or ralling from here " ? Based on your answer , I think maybe , no one can answer that ?
jack
-------------- Original message --------------
From: "Mike Scott" <mike@???>
Some rallies work long after day 10. Days 4-7 are historically more reliable.
On 8/15/06 we had a day-21 rally.
That rally went on until 2/22/07
Mike Scott
Tarzana, CA
From: canslim-bounces@??? [mailto:canslim-bounces@???] On Behalf Of jack21b@???
Sent: Tuesday, February 12, 2008 7:41 AM
To: CANSLIM Stock Investment Group
Subject: [CANSLIM] "M"
What I'm getting from HTMMIS is , we are better off if the indexes , or at least one of the indexes , makes a new bottom , before we try to rally up from here . Otherwise , we have no day count , except that we are after day #10 .
Please comment
jack_______________________________________________
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