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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: CharlieChina who wrote (281772)3/30/2004 10:29:54 AM
From: Michael Watkins  Read Replies (1) of 436258
 
I don't find any utility in stochastics and MACD; your dashboard tells me nothing.

The surprise move for today is up of course. Sellers wish it to go down, and my sense is there are a lot of would-be longs who did not expect the reversal to be this strong, who would also like price to drop so they can buy in cheaper.

Whether it actually moves up or not who knows. That's part of the surprise.

At the moment, dead sideways, no test of top, no test of bottom, a narrow range. Its neither positive nor negative. Just boring.
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