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Pastimes : CLOWNS TO THE LEFT OF ME.. JOKERS TO THE RIGHT.

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To: coug who wrote (114)5/12/2000 1:33:00 PM
From: IndexTrader  Read Replies (1) of 306
 
Morning C..
Good market read. I agree that it is best to tune out the noise. It is amazing how some do go on and on (and on and on and on) and yet say nothing. I would rather look at the charts....they say everything and yet are silent. I feel sorry for those who have to pretend they were right when they were most likely wrong. Ah, but such is human nature.
There are lots of other folks that generously contribute and are willing to share ideas (even with newcomers). They are the ones who make SI interesting and fascinating place--Mrs. X, Jorge, BullridaH, John Pitera, Chip, GZ, Pat Sleven, Death Sphincter and many others.

Back to the market.
The ITBM turned up today and the McOsci crossed back above the zero line. The Naz ITBM turned up yesterday and made a higher low with this last dip. There have been positive divergences all over the daily charts, but not much yet on the weekly or monthly charts, so likely we head back down for some more retests before the summer rally. I would be surprised if Naz gets past 3650 on this move. We are already bumping up against the downtrend line on the 60min.
Well, I am off to do a software demo. Have a wonderful weekend!
Susan
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