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Strategies & Market Trends : Classic TA Workplace

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To: bcrafty who wrote (12477)9/7/2001 11:35:38 AM
From: Poet  Read Replies (2) of 209892
 
Sure. Here's a wee bit. BTW it's a pay site but I think that it's well worth the $20 fee per month.

Hahn's Corner Alert! There are important time “waves” hit on Friday afternoon. There are multiple waves pointing to Friday at 1:30
for a trend change. It's too early to tell whether we'll get a high or a low. Whichever strong move occurs into the Friday “time” should be
faded, with the expectations of a short term trend reversal. I fully expect something dramatic to happen at 1:30 pm CDT on Friday.

The volatility indices spiked sharply higher, but showed no signs of divergence or slow down. In normal times, one can use a $VIX of 30
as a contrarian buy signal. These times are not normal. If we have a serious market slide, the $VIX can hit 50 or 60. Caution is advised
on using only one indicator to gauge a long entry.
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