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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject4/30/2001 5:39:41 PM
From: besttrader  Read Replies (1) of 37746
 
Some great thoughts for bears -->

Some of the confirming indicators

1) OEX just made a double top on divergent rsi

2) OEX declined 300 points and has rallied 100 points . It sits 3 points below the 50% range of the oct 98 low and the 2000
top.

3. OEX double top sits on the downtrend line from the sep 2000 high and is the 3d lower top and Dow also sits at the down
trend line and is the 3rd lower top on that line or as the EW ers call it at the end of the 4th wave - so now we have the 5th
wave down to do.
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