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Strategies & Market Trends : Z Best Place to Talk Stocks

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To: Ron McKinnon who wrote (24351)	9/16/2000 6:36:52 PM
From: chartseer	Read Replies (2) of 53068

Hi Ron: To me the trend downward is clear. That is not to say there will not be up days, or up issues, but the downtrend to me is very clear at present. Unfortunately the big popular indicators have not yet turned. At DWA as far as I know their BPs are still positive but I am not buying. I must admit that many stocks are at or near support levels so maybe we are nearing the bottom but so far I don t have any confirmation of such. I have been a seller on balance the past several weeks. I march to the beat of a different drummer. Right now I am marching downward. Of course I could be wrong but I'd rather be wrong when out of the market than wrong when in the market if you get my drift. Believe me I am currently charting the market deterioration daily since Sept 01. then again what the heck do I know? chartseer

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