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Strategies & Market Trends : Drillbits & Bottlerockets

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To: Jorj X Mckie who wrote (6784)	3/30/2001 4:58:35 PM
From: Augustus Gloop	Read Replies (1) of 15481

A couple revisions for the MIGHTY BEAR. <<<<<<<<<<<<<<<<<<<GLOOPDICATOR Central time >>>>>>>>>>>>>>>>>>>>>>> In this market I sell the rally in the AM - Before 9:00 central because that's when all the rookies are buying up the stock (in most cases). At 9:00 central the Pro's move in. Watch for a low around 10:15 central Pre lunch Rally starts about 10:30 central and usually ends around 11:00. Look for more lows around 11:30 - 12:25 Be aware that we have been sinking between between 11:30 and 12:00 when we rise in the 11:00 - 11:30 period. Then watch the 1:00 - 1:30 central moves Be aware that we have been rallying between 1:25 and 1:50 when we are not up during the 1:00 - 1:30 period. 1:30 - 2:17 the MM's try to fleece the small guy....if huge dips are taking place clear the table but if they are going down (slightly) and holding stay the course. Watch the volume! Watch the indexes between 2:17 and 3:23 central. If they move higher in that period they will likely have a higher close and in many cases a power close. Volume is the key. Use the Gloopdicator for exits

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