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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: SE who wrote (8167)	11/9/1998 5:28:00 PM
From: GROUND ZERO™	Read Replies (2) of 44573

Scott, I haven't yet calculated today's numbers, but as of Friday I have about plus 8,000 net advances in the past 25 days, getting a bit overbought, but clearly no sell signal. If we don't resume the rally by tomorrow or Wednesday, well, the numbers will likely begin to shrink and trigger a sell. I just don't expect that to happen yet. I think we'll trade a bit lower then keep on going. Even if this is just a bull trap, a nine year bull market doesn't give up so easily without one final death rally to take prices well beyond the old highs before the bull finally falls over on its side. BWDIK GZ

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