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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Temple Williams who wrote (40562)	2/10/2000 10:13:00 AM
From: John Pitera	Respond to of 44573

Thanks Temple, I posted the charts below on my Mkt Lab thread tues night. Check out how we skipped above the upper Bollinger band for the first time since the Oct 8th 1998 low! we still have the NASD momentum divergence sell in place, but we will need to see a reversal in the next day or two. geocities.com and we have closed outside of the Bollinger Bands for the only time this year, this is statistically abnormal, and we should move back into a trading range, of which we are at the top currently. geocities.com and we are at an extreme in the linear regression using the data series since the Oct 8th 1998 low. the two grey boxes even may be showing a price pattern similar to earlier in the year. John