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


To: Jerry Olson who wrote (40828)2/18/2000 10:57:00 AM
From: Tom Trader  Read Replies (2) | Respond to of 44573
 
Yes OJ-- a couple of people were looking for a cycle high right around this time frame -- this causes me to think that we could be looking at an inversion, esp if we move higher.

But I am no expert on cycles or inversions so don't bank on it!

What I do know is that I have all of the indices with the exception of the bkx, spx, oex and the djia on buy signals -- so it is a very split market. The fact that the bkx is on a sell suggests to me that any rally will be limited in scope -- unless the bkx goes on a buy.



To: Jerry Olson who wrote (40828)2/18/2000 12:51:00 PM
From: Michael Watkins  Read Replies (1) | Respond to of 44573
 
As far as I'm concerned, until proven otherwise, the ND futures just confirmed a top.