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Strategies & Market Trends : Waiting for the big Kahuna

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To: James F. Hopkins who wrote (20361)6/15/1998 9:09:00 AM
From: coug  Read Replies (2) of 94695
 
Good Morning all you followers of perceived reality,
I see the overseas markets didn't buy into our little rally Friday
afternoon.
The Globex is now bouncing alittle which is good for longer(2-3 days) term bears as if there is any carry thru in the first 40 minutes, I think the short money starts selling into it about
7:15am pdt.
I use 60 min charts for my position plays of 2-5 days, 3' to get
ready and 1' to GO.
The reason I have been harping on 1080-1082 test is go to this
link and see the NEGATIVE divergences between the SPX and their
RSI, STOCH and MO. I also see the same in my own indicators.

Good luck all... the COUG .. Still runnin and funnin in the low Sierras

iqc.com
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