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Politics : Dutch Central Bank Sale Announcement Imminent?
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To: sea_urchin who wrote (12474)11/10/2001 1:07:45 PM
From: Tom Byron  Read Replies (2) of 81062
 
ahhh...then patience means money in the bank.....:)

but back to business....

this 5 years spx chart with the techkies below show that last weeks kissing of the slow stochastics lines now has become a prolong kiss.... the rsi line that can be drawn across the top of the rsi technical indicator shows that the rsi indicator is still within that downward slooping channel that goes back to mid-1998. haven't had a chance yet to draw in the line on the "bar" chart from it's top of last year to now...but the spx price now seems to be pressing up against that line....sticking with my forcast of ...one more down into 12/21/00 or there-a-bouts with NEW LOWS that break the recent sept 01 lows.

if last week was an opportunity for those who wanted to short the spx....this week is even better.....:)

bigcharts.marketwatch.com
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