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Strategies & Market Trends : Longer-Term Market Trends

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To: AllansAlias who wrote (485)5/15/2008 11:28:23 AM
From: AllansAlias  Read Replies (1) of 3209
 
So far, so good. Getting out yesterday morning is looking OK in this very early going since the possible turn. If I am right, we are just pausing here in tech and should be lower into next week. If we take out yesterday's high, I am just wrong.

Big moves start with little ones. Although I am interested in the weekly/monthly timeframes, I am watching the 60min wiggles to check that this tiny move developing out of yesterday's high could be impulsive looking.

So far, no technical damage on any important chart, so, from the TA side, there is nothing bearish at all yet -- except for some wedgey setups that might turn out to be real.
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