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Strategies & Market Trends : Classic TA Workplace
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To: John Madarasz who wrote (41208)6/6/2002 5:08:36 PM
From: Death Sphincter  Read Replies (1) of 209892
 
John...heres the deal. my view has been since the beginning of the year that there should be a test of the Sept lows. now that we are getting there, whats next? do we crash thru or do we get a rally. so i am looking ahead to see if there are particular companies that would have conventional TA, Ewave and fundamental looks that could reflect turning points if they reach price levels that support those looks when we approach the Sept lows. GM could have an inverted H&S look at 50ish. There is a predominance of bearish deathwish thruout SI and the few bulls are not presenting good TA for a bounce, the rest are hiding. So I'm just looking for possibilities, cause if we get a big rally started it could be a heck of an opportunity on the long side.
nothing more, nothing less meant by my observations
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