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Pastimes : Trading the markets.....

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To: GROUND ZERO™ who wrote (1824)12/13/2000 12:18:01 PM
From: Chip McVickar  Read Replies (1) of 4583
 
Okay the cash market 60m-w/macd,

Same thing.
Nas R-open marked a peak, and L-open is on the wall and running out of Time.
At 2902 the nas has hit the wall, this afternoon is critical.

Daily chart is more impotant 60m-w/macd
Using R-open off 3500 peak in Oct, the market broke the wall at 3000.... Again this afternoon and for the daily chart this week is important.

Also the 60min forks and the daily forks are playing a role from Oct Low.

You need some reason to buy here..., and it doesn't exist.
The Bush news and the market going up scenario is now "Dead News."

The Lower Gaps on the 60min charts will be closed before the Nas cash sees 3500 again.
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