P&S and STO Death Blow's Message Board

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

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To: Jeff who started this subject	4/16/2003 6:40:36 PM
From: Frederick Langford	of 30712

Market Swing Discussion: Don Sew's Chat Room Notes and Recaps ------------------------------------------------------------ Posted by Nikko_thyme on Wednesday, April 16, 2003 - 3:00 pm: Chat Notes Wed 4/16/03 2:30 PM Daily Signals : (Intraday from today's high) SPX, OEX, NAZ : Borderline CLASS 1 SELL NDX, DOW : CLASS 2 SELL SOX : OVERBOUGHT HUI : OVERBOUGHT The DOW is forming a possible Bearish Engulfing pattern. The NAZ, NDX had a Shooting Star pattern developing. Today the Tsunami had another intraday CLASS 1 BUY reading. Don thinks it has already started. The market internals, and lack of strength in the USD are not supporting a continuation of a move up in the market. Donald is currently 37% Short, and will add more short positions today if the NDX does not close very negative. Fred

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