OK, His notes go in the "Chat Room Notes and Recaps thread" so that is usually where the most recent history is.
Here is where he stood as of the 5th of August just before this rally........
Posted on Monday, August 05, 2002 - 11:02 pm:
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Chat Notes 8/5 9:30 PM
Daily Signals (Closing Basis)
SOX: CLASS 1 BUY
NAZ, NDX, RUT: CLASS 2 BUY
DOW, SPX, OEX: OVERSOLD
TRANSPORTS: Borderline OVERSOLD, with an Imperfect 3-BLACK CROWS.
Donald noted the 3-BLACK CROWs which developed today in the DOW, SPX, OEX, NAZ, NDX. He is wondering if these crows may hinder a successful retest of the lows.
Don closed all of his short positions today, after a profitable run, but he noted there could still be further downside.
Donald mentioned a possible, eventual downside target for the NDX of 600.
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I have to head off to work so I will as usualy miss the chat but I am sure Nikko or someone will post notes there.
Here is a link to that board but I think you have to be registered to read it. I know Paul and a few others here are and will likely copy and paste them here......
marketswing.com
Good Luck,
Lee |
