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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (63180)2/25/2006 12:21:54 AM
From: Clappy  Read Replies (2) of 65232
 
Looks like you are ready to buy or already bought some SPX poots.

All three time frames are crossing over or ready to.
30 min, 60 min, and then daily is your confirmation chart.

Daily chart has the macd ready to cross down, and the stoch with the 5,5,5 setting is crossed.

This makes you feel that there could be some strength in the move showing in the 60 min. which finished weak today.

But it is the 30 min that caught your eye with most of your indicators crossed down.

So I'm guessing you might have 1/3 position and ready to get the rest on a slight move up Monday morning.

Well that is my guess. How'd I do? Am I close?
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