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Strategies & Market Trends : TIMING INDEX MUTUAL FUNDS -- Ignore unavailable to you. Want to Upgrade?

To: Follies who wrote (101)	2/9/2000 7:02:00 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 428

Dale, i wasn't aware of that...but obviously the original call based on the bearish Dow pennant panned out just fine. note that the Rydex sentiment measures reached new all time lows on Monday, which implies the potential for a lot of downside...i posted details on MDD yesterday. hb

To: Follies who wrote (101)	2/9/2000 7:08:00 PM
From: Les H	Respond to of 428

it may be double negation.

To: Follies who wrote (101)	2/9/2000 11:52:00 PM
From: donald sew	Respond to of 428

Dale, >>>> I thought Don's sell signal was negated by yesterdays close <<<<< I was almost done with a long explanation, then I got knocked off, so this reply will be shorter since Im falling asleep. gggggg Per my index update I mentioned that we have 2 negated signals at the same time, but going in opposite direction which has never happened before. The negated signal on the DOW is still in effect unless the DOW breaks above the 10,300 range, and the negated signal on the NAZ is still in effect unless the NAZ breaks below FEB 7th's highs, which is not far away. In light of the BEARISH ENGULPING PATTERN on the NAZ, it is more likely that it will get negated. The most important technical issue is that the BEARISH PENNANT on the DOW broke to the downside which implies more negativity in the DOW. Im not great at projected price targets, but 10,000 on the DOW is a very possible target. If the DOW was to get that low it would pressure the NAZ to the downside, although I feel that the NAZ may not sell off as badly as the dow, relatively speaking. Normally a NEGATED SIGNAL produces a strong move in the direction of the break, but we need to keep in mind that since I have been watching this, there has never been 2 simultaneous negated signals moving in opposite directions. Can you imagine if the the both negated signals worked, the size of the divergence would be huge. I have my next cycle top on FEB 18. If the DOW sell off significantly tomorrow I will be getting a CLASS 1 BUY signal on the DOW, however I suspect that the response to that BUY SIGNAL could be late and the ensuing rally small. well, off to sleep seeya