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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude
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To: Woody who wrote (28478)4/15/1999 4:49:00 AM
From: Doug R  Read Replies (4) of 79210
 
Woody,

Well, now that you mention it...about 3 years ago I went CAMPing for a couple weeks.
Also...when you're camping you should always be mindful of the weather. It appears that the weather will turn sour in a week or 3. I get a forecast of general weather weakness toward the end of the month. 4/26 is the earliest while 5/3 is most likely.
You are aware of course that when the weather is at its worst, you should have plenty of cash on hand.
Numerical projections before the close tomorrow will be forthcoming.
It looks pretty solid to me.
I was looking for "real" strength over the last 8 days. It had appeared to have happened but it now looks like what we got was not quite enough.

Remember when the market made a jump into the July '97 correction and I said that the market had no business doing that? Well it likely just did it again.
Also, the key stuff I pointed out in CMNT for the San Antonio and St. Louis seminars seems to be about to happen in some other stocks here. The techs on CMNT said "fly" but the market said "not here". Well...the same thing is nearly being perpetrated by several issues brought to the thread very recently. Attendees of those seminars will recall the 233 dCCI trend break on CMNT just before the drop in the market. I suggest to follow the 233 dCCI on stocks that have been telegraphing a large, technically supported breakout over the last week but have hesitated instead.
I'll likely make the decision today (4/15) to yank my 401K out of the S&P by the end of this month.

Doug R
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