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Strategies & Market Trends : Classic TA Workplace

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To: Jerry Olson who wrote (100733)	7/6/2004 3:57:25 PM
From: The Freep	Read Replies (1) of 209892

<<man i haven't been this bullish since the last time<g> >> LOL! I don't mean this in a negative way. I'm serious here: On the NDX, does it take the DB break at 1440 to turn you away from the bull? Last week during the start of the pullback you said it was a perfect P+F pullback. Is it still until 1440 goes? I know you had also said we were just pulling back to test the 50 and 20dmas. Well, we obloooterated the 20 for now. It's not a test of that still, is it? When does a test become a failure... or does the P+F bottom still rule over the MA tests? Don't get me wrong here: if I were in town for tomorrow's action, I'd go long something here for a bounce at least. And we COULD be done with down (see my last post). I'm just still trying to understand why a 90 point Naz slide has been greeted by your bullishness daily. the freep

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