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To: GROUND ZERO™ who wrote (656)5/19/2000 8:44:00 AM
From: Jerry Olson  Read Replies (1) | Respond to of 797
 
Morning GZ

i'm very short too..have been since Tues after the Fed..i shorted that rally..

in QQQ's-OEX's and sundry other stocks..short..

i have cycle lows coming in here today..if we do not bounce from here..

the next cycle low will be next Fri...the 77th day down from the top...

and the NAZ target is 2800/2900..IF WE don;t rally here...

can you give me a read of the forks or what your seeing here??

because on my P&F charts..i see total collpase here..all the indexs have rolled over and are moving lower each day...

we could test the Apr lows easily...



To: GROUND ZERO™ who wrote (656)5/20/2000 2:01:00 AM
From: David  Read Replies (1) | Respond to of 797
 
The system hit the target today at 10615, making 195 points or 1.8%. Message 13730026
Day low was 10600. 10810-10615=195. The system is now flat.

D.



To: GROUND ZERO™ who wrote (656)5/20/2000 2:07:00 AM
From: David  Read Replies (1) | Respond to of 797
 
This market doesn't look good at all. But, if I have to make a bet, my bet is that it will not break down, given the fact that volume has been light on the way down. BWDIK?

Have a nice weekend.

D.