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Strategies & Market Trends : Trend Setters and Range Riders

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To: Connor26 who wrote (5020)5/15/2001 11:20:00 PM
From: Susan G  Read Replies (1) of 5732
 
AGIL had a bullish candle pattern tonight, it may be ready to move up.

Rally, hmmm I'm not sure, that signal watch dude is pretty bearish, expecting a drop in both indexes tomorrow after studying the late day action - and horrendous charts.

And that candle on the daily compx chart is a reversal candle, but we just closed below the converged 20ema 2 days in a row...

And after the market went even lower after the last few cuts, I think there is a lot of fear and distrust out there. And with Early warnings season starting in a few weeks and summer on the way, I can't think of much that would sustain a rally for more than an hour or two <g>

CPI is out tomorrow morning too, so we may wake up to a number the market doesn't like!

And options expiration on Friday...

Lately even playing the ones you know can be tough, like the unpredictable beast has been lately!!

I would prefer to be totally wrong about all of the above <g> But I remain,

susiebear!
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