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Strategies & Market Trends : Classic TA Workplace

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To: yard_man who wrote (70288)	4/6/2003 7:14:49 PM
From: Temple Williams	Read Replies (1) of 209892

Tippet ... last Thurs you suggested I don't give up on the Primary ... after Friday's stretchmark sideways, my "bearish" Primary Series continues its relentless move south to break the October lows. But it continues to hang on to the top slot by a narrowing margin. It's on the edge of a disappearing act. The highs from March 21st (at 895.75) continue to cast caution at any bearish case. If that level is busted north, then this bearish series will fade faster than blue jeans in bleach. The trend closed at neutral on Friday, so I will sell, or buy, with continued caution ... and scalping continues to be the key to success (for me) in a market that can flip up and down on the rumor of a rumor. sellnow.net The Secondary Series manages to survive its continuing test of the October lows ... and it moves powerfully higher, stabbing at 970.00 on the Spoos before Easter. It's a bear-buster that reaches well over 1100.00 Spoos by the 4th of July. sellnow.net My longer-term charts, for both series, have not changed much from the latest update at my free site: sellnow.net

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