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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Chip McVickar who wrote (5984)4/28/2005 6:40:02 AM
From: GROUND ZERO™  Read Replies (1) of 12411
 
According to that chart, with the spiral on that low, we still have more downside room to go, since the wall has not yet gone vertical, not until around 1125 in another week... the more near term spiral is still pointing higher, but that would change if/when we break below 1140ish... meanwhile, I'm still holding my longs from 1140.00 and will hold it until I see a clear break down... if 1140 holds, then we're looking at possibly 4 weeks of a decent trading rally...

GZ
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