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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (164)2/25/2000 2:49:00 PM
From: wlheatmoon  Read Replies (2) | Respond to of 33421
 
this last hour will be interesting...-g-



To: GROUND ZERO™ who wrote (164)2/25/2000 2:50:00 PM
From: Chip McVickar  Respond to of 33421
 
GE closed a gap down this morning and kept going down.

I wanted to buy contract today on any weakness, but I'm waiting until next week.

Timing is all off today. But there's resolution in the air.

Thanks for the Diamond, I'll give it to my wife. <<smile>>

Chip



To: GROUND ZERO™ who wrote (164)2/25/2000 5:24:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 33421
 
GZ,

Although the market broke the diamond pattern in the Spoos, the market closed within the diamond. I would say this is a test but not broken.

Some kind of week...complete with a time gap and massive TP's, major fork tests and resistance areas. Not encouraging for the Upside.

Chip


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