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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: JGoren who wrote (24126)6/5/2000 7:12:00 AM
From: donald sew  Respond to of 42787
 
JGoren,

>>>> but best i could make of post 24073 is that the signals you are getting are as confusing as the market seems for us non-TA types. <<<<

Actually, my short-term technicals are very clear in that the overall market should be very close to a short-term top(1-5 days).

What is in question is the size of the forthcoming decline.

Since last week was quite bullish with some indices setting HIGHER HIGHs/breaking above trendlines, the pull back should be small.

However, in light of the US DOLLAR/COMMODITIES such is setting up for a negative environment if they continue their trend, which could intensify the pullback in the stock market. If the US DOLLAR flatens out or improves, then we are back to only a small pullback.

The key this week is the US DOLLAR/COMMODITIES.

seeya