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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: Mike E. who wrote (100787)4/27/2000 11:13:00 AM
From: stan s.  Read Replies (2) of 108040
 
Hi Mike, it's not all negative, I'm doing a little trading. Look at the chart I posted earlier if it comes in. The Naz is trying to base, I just wish we had filled the gap while we were right there.

Notice the green line starting to pull over the red. 6 and 10 day weighted moving averages. I like these as initial potential indicators of a turnaround. I find them preferable to the early momo signals in many cases.
geocities.com

It's still just too early but when we pull over 3832 (minor resistance) and stick or close over that downtrend line (coinciding at the moment only) on a close I'll feel much better for the short term rally.

But until we actually do something pressure remains to the downside.

Just wish we had filled the !@#$%^&* gap!! lol

Stan
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