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

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To: donald sew who wrote (21348)	4/19/1999 10:52:00 AM
From: Jerry Olson	Read Replies (1) of 44573

Hello Donald... well all my nets are getting beat up here...but...they will come back...<glup>...i hope... this is a internal rotation Don, instead of a major correction... i'm looking for a 100-200 point pullback in the DOW, but i think the NAZ is oversold...the DOW can not keep going up here..6 days in a row??? this broadening out of the market, i do not think is a market top... In P&F terms when the NYSEBP reverses UP, we usually get a selloff climax Don...before we really start to move higher.... i think this major indicator is very close to reversing that way...so we can look for a selloff here, then a bottom then a major move up from where ever that bottom would be... good calls on the other indexs..wish i was reading your post then...hehehe

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