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Strategies & Market Trends : Charting & Technical Analysis for Stock Indexes

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To: bobby beara who wrote (63)11/19/2001 11:37:26 PM
From: chartwiznyc  Read Replies (2) of 211
 
Yea lets watch for divergnces now......watch your leaders....IBM CSCO INTC MSFT & the 3 indexes QQQ SPY DIA & also SHM is fine........the semis......Lets not get so bearish. a breakdown or breakup tomorrow could lead to a trending market out of this range.........also could stay in range until xigiving is over...many traders off this week......so we have to respect that........but the charts dont tell us its a holiday, it just tells us we are in a contraction mode. the ticks closing high with markets closing up there also is reason to see possible follow thru tomorrow up, also we had that low trin all day forecasting that afternoon rally, i kept saying in my chatroom Watch the trin should trade higher markets should go higher do not short today this is staying low & we have to watch all this stuff bobby, look...we want a easy job, we sit home & make tons of money essentially playing video games right ? so whats the big deal to watch some indexes some leaders a few internals & enjoy life rather than slaving for a dollar at some other business or a job........Its not easy but its well worth it !.........I am looking foreard to chatting with you more & gettng this thread going large......The work I wll put on this thread will be outstanding & it will be setup so that a new trader could come into the business & learn from it..........I am just getting started !!! I am working on a video now & by next week should be online...market timing.....wil be great I am excited to do it.....Goodluck & just watch the tape for now....wait for a solid break out up/dn

Chris
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