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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: tech fool who wrote (24216)10/31/1999 9:33:00 PM
From: drsvelte  Respond to of 69927
 
Thank you for keeping us posted!



To: tech fool who wrote (24216)11/1/1999 12:41:00 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 69927
 
Thanks for the heads up. I saw that on our thread but you P&F ers don't always stop by and let us know. I still have short term sell signal so my system says we should be up to flat tomorrow then pull back starting Late Monday or Tuesday. I am not looking for anything big yet but I am still on guard until we get some foundation under this recovery. I wrote at length about it at both my website and onthe MDA thread. My technicals say this recovery is for real but history shows other wise. I couldn't find any other time where we shot up like this and it lasted. There was always a retest or at least a 50% pullback within a month to 6 weeks. The fall of 94 is the closest thing I found to how we are trading now and the retest didn't come until late November and ended in December. Just something to keep in mind.

By the way, since I normally only lurk here, my site is at home.att.net

Good Luck,

Lee