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Strategies & Market Trends : Why the markets will continue higher...

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To: current trend who wrote (475)1/12/1998 4:51:00 PM
From: GROUND ZERO™  Read Replies (3) of 745
 
Hi CT,

I could not get through to SI much of the day. Did you or anyone have the same problem?

Yes, the IH&S failed, and yes that negates the immediate 9600 projection.

For the record, I'm neither a bull nor a bear, I really don't care which way the market moves. I try not to think too much about it, I just follow my indicators. Errors happen when we second guess our indicators. When I'm trading in a trading market, I'm a bull one week, a bear the next. Being nimble is critical.

BTW, we've reached the first downside objective according to the pitchfork, so we could get a bounce. What kind? Maybe back to 7700.

GZ
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