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Strategies & Market Trends : Galapagos Islands
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From: quote 0074/13/2006 4:16:30 PM
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my bp is only .11% from reversing into a column of o's--stands at 60.11%--7 net new sell signals today
if it reverses and thats a BIG IF--it would be the first time since august of 2005 that it has reversed--and that time it reversed from the 64% area and went down to the 46% area before reversing up nov 2005 and has been in a column of x's ever since
looking back at my records that go back to 2002--my bp has either reversed or been in a column of o's in april--every year except 2003--in 2003 it reversed up in march from the 30% area and went straight up to a record level for my bp of 80%--every other april it has gone down to at least the 30% area--just be cautious in here
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