CLOWNS TO THE LEFT OF ME.. JOKERS TO THE RIGHT. Message Board

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

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To: IndexTrader who wrote (124)	6/7/2000 9:25:00 AM
From: coug	of 306

Hi Susan, I am doing very well, thank you.. Concerning the market, Since I use oscillators on price plus certain derivatives, up/down volume, Vix beta, etc.. They all became overbought on Friday or monday, and volume confirmed the sell signal early Monday.. which we are still on.. I just let them run until they roll the other way so I can not tell how far anything will go.. One note is overall they became basically MORE overbought than anytime in the last Six months.. The little uptrend from May 23 or 24 really put them there quickly.. Kind of weird... I don't know.. IMO, I just see a range bound Oscillating market against this fundamental backdrop.. Any non fed action is built in.. Another raise would hurt the market since things are already slowing.. I can not see the start of any REAL rally until the economy bases and talk of rate DECREASES surfaces... Another thing, from a TA basis.. My Oscillators are Currently working very well and Portends a Oscillating market.. Famous last lousy words ..g.. but it makes sense to me... We will see and much good fortune to you ... m

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