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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Mephisto who wrote (44055)10/18/1999 6:47:00 AM
From: William H Huebl  Read Replies (2) | Respond to of 94695
 
You bring up an excellent question, implied tho it is... WHAT IS A TREND?
My definition is as follows:
UP: The 200 SMA is moving up and price is above the TSMA which also is moving up.
DOWN: The 200 SMA is moving down and price is below the TSMA which also is moving down.
Anything else, to me, is a guess.
Right now, Mr Market is neither moving up nor down.
It looks like August 27th all over again. Wednesday could be a pip!
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