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Strategies & Market Trends : Effective Trading In Our Markets. Learn, then Earn

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To: MarketEye who started this subject10/7/2002 11:17:03 AM
From: Frederick Langford   of 1854
 
At today's lows Don got intraday Class 1 Buys on the Naz, NDX, Sox, and Russell. SPX and OEX are borderline Class 2 buys.

He is NOT going long on those signals. Rather he is going to use the S&P as a proxy. He will go long when he gets a Class 1 buy on the SPX.

Due to that the Naz signals might be delayed.

Weekly signals are Class 1 buys pretty much across the board with the buy in sometime this week. Monthly signals are not all there yet.

However Don suspects that when he has Class 1 buys across the board on the daily signals he will also have across the board Class 1's on the Daily, Weekly, and Monthly signals.

His system is calling for some type of bottom to start this week.
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