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Strategies & Market Trends : Take the Money and Run
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To: Jorj X Mckie who wrote (14062)8/8/2002 11:42:40 AM
From: Challo Jeregy  Read Replies (1) of 17639
 
A couple of things stick out in that picture -

1. If the spx closes where it is or higher, we have 3 white soldiers.

2. If the spx closes where it is or higher, it could negate the 3 crows.

if the spx closes where it is or higher, I would expect a reversal tomorrow (Carpino's down thru the 12th),
then a break out over the downtrend line next week. All depends on #'s 1 and 2.

I am not bullish on the economy or the market, but if the trend changes, shouldn't we?
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