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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: pooh who wrote (94582)4/24/2000 4:38:00 PM
From: Jerry Olson  Read Replies (1) | Respond to of 120523
 
pooh

every indicator i watch hit bottom at some point today on real time charts...QCharts, and then bounced with big GREEN sticks..the futures and all the other indexs...you watch the volume on those heavy selling sticks, and then the volume on the up sticks to see if it's real...on the INDU is was!!!!! big volume on the late rally big!!!

that was a big swing from the lows to where we closed on the INDU and NAZ etc..

so if you look at the charts you'll see this actually happening real time...

as for where we go from here???..or is this the bottom???..i can't tell you that..because i dont know...

but i have cycle lows coming this Fri into May 1st..will it bottom there??? hope so..but no guarantees..

i watch my supports on all indexs and major charts to see if we bounce..

then if we test the lows, and rally up hard, with confirming candles and such..then i'll say we turned the corner to the long side..but this will take some base building yet to come...

the process will be slower than before...i'll post it, when i see it..and can confirm it...