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Strategies & Market Trends : The Options Box
QQQ 619.25+0.8%Nov 28 4:00 PM EST

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To: Poet who wrote (8788)12/28/2000 9:16:53 PM
From: coug  Read Replies (1) of 10876
 
Hi Poet,

I just ran my EOD charts and my daily and weekly charts all went to a "Buy".. Scary... but what is most Scary is that. my weekly Up/Down volume went positive in my way of reading for the first time since the end of October of 1999.. Weekly Beta, Vix and price are all on a "Buy".. So I am

officially BULLISH.. According to my charts, we will get a January effect.. My hourlies are a little overbought but they can stay that way.. I have been trading off the 15' stuff as indicated.. so I will ignore the hours..

If times were slightly different, from a fundamental and political point of view, I would be wildly bullish.. But maybe my charts are signalling a rate cut..

I don't know if I'm right, but that's the way, I see it near the close of the 28th day of the 12th month of the year 2000.. but I reserve the right to change my mind as we enter another year...

m
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