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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (145597)	6/13/2007 10:30:44 PM
From: robert b furman	Read Replies (1) of 209892

Pardon me but you're buttin into my territory<smile> Now this looks tempting: stockcharts.com Isn't that a pretty Macd reversal! High probability od a SAR in the morning-I just love those white candles - where is Roy when you need him? In the mode of Henry's voodoo the 50 and 200 are upward sloping after a nasty period of higher volatility - does that sound like institutional support and me thinks a sector rotation is close to proving itself. One has to love SAR reversals as they trend sideways and they flip flop at ever shorter time periods. Althouogh I don't see the DMI crossover yet - one has to tip ones hat at a nice bounce off the 200 sma - that is where institutions are suppose to provide support and it is always the most profitable when it happens on high volume distribution days as sector rotation (I Hope) moves into this laggard. Tomally we may get to launch to da moon? Bob

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