Well bear klowns fans, as we promised on Monday, that we would probably decline into some support areas which were in the 1119 to 1127 area on the SnP,
before we would get the following Bearklown Klass 2 Buy signals,
To:tippet who wrote (138676) From: Lucretius Friday, Dec 14, 2001 11:15 AM View Replies (4) | Respond to of 138876 everybody here short or in poots? you might want to be.... real dicey.... From: mishedlo . . . . . UFB We are headed to the sewer The question is WHEN - not IF
From: John Sunday, Dec 16, 2001 6:42 PM
Beautifully said...
although no Bear klown Klass 1 buy signal registered, which requires the bear klown thread on the hotlist, and a buy-in on the next days weakness -g-
We here at the bear klown institute of america do believe that we have to be kind to bear klowns and throw them a few crumbs, as their cupboard has been bare lately,
well fellahs, you're up to da plate, let's see what you got -lol-
On a technical basis, the naz summation, the $bpndx and the put/call ratios now have all rolled over, looking like we will be in a bearish or corrective trend.
but in the weekly charts, even as the bear klowns are getting more vocal and finding new members to swell their ranks the downside momentum is starting to wain
stockcharts.com[w,a]wacayymy[df][pa83!a10][vc60][iUb14!La12,26,9]
the nas weekly RSI and macd registered a bullish mo divergence at the sept bottom, and this rally being 11 weeks long is now 3 weeks longer than the april-may rally, which beat the january rally which was 3 weeks.
a lot of these vocal bears think this thing is going to roll-over and go to new lows, we'll see. |