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Strategies & Market Trends : P&S and STO Death Blow's

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To: nsumir81 who wrote (13170)11/1/2002 12:51:10 PM
From: 16yearcycle  Read Replies (3) of 30712
 
I dunno. We need some fear to kick in on a bullish ta failure like it has for 34 months, but it ain't happening. Maybe 1350 will do it. Maybe maybe maybe...it's no way to do this.

stockcharts.com[h,a]dacayiay[dc][pc20!c100!f][vc60][iut!Um12!Up21,5,3]&pref=G

My simple little chart which has been foolproof for years until now, says we need an immediate drop of about 70 ndx points minimum. EVEN if we are in a bull market. If you turn that into a weekly, you can see that the fast stoch is turning and the roc has turned down. Next week should suck.
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