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Strategies & Market Trends : gem-x's incredibly accurate Elliott Wave forecasts.

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To: robert duke who wrote (690)	8/18/2001 12:10:57 AM
From: dePaul	Read Replies (1) of 2290

When I look at the chart pattern , MACD, and Oscillators this market scars me. But I just spent some time looking at volume studies eg.( OBV and Cumulative Money flow). The past 4 to 6 weeks they have gone just opposite the COMPX and have turned above their long term moving average,(First time in about a year). It gives me a little more optimism. At least if there is a break the recovery I believe would be quick. 9 month cycles put in a low in mid Sept. according to: decisionpoint.com dePaul

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