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Strategies & Market Trends : Market Direction Predictions and BS guesses
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To: the Chief who wrote (163)6/8/2000 10:39:00 AM
From: Vitalsigns   of 234
 
I Wrote:
, a rally from here would give us a measurement of 10517 which would be a new all time high. For this to happen we need
to see a broadbased rally and possibly one lasting 2-3 months.
You responded:
Is the picket, from the fence you are sitting on, hurting?<gggg> Is there going to be aralley from here, or not?

Here is an "other thread type posting" response to that <gggg>:

When charting stocks or indexes , one cannot anticipate moves before they happen but merely respond to moves that have been confirmed. (hows that for ducking the issue<ggg>)
We did get the bounce off the neckline yesterday morning and the TSE rallied from there but today it needs to close above yesterdays close in order for the Rally to be confirmed (otherwise it will need to retest again). To get the pick out the my A.. I will say that I firmly believe we are in rally MODE, but for the benefit of the thread , i needed to explain how I arrived at that conclusion, A LA "Other thread type posting <gggg>."

Vitalsigns
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