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

To: GROUND ZERO™ who wrote (2229)	6/15/2000 5:12:00 PM
From: Chip McVickar	Read Replies (1) \| Respond to of 33421

GZ, This has been the narrowest/tightest set of 9 trading days we have seen for a long time. Basically horizontal. Very difficult to trade, difficult to be patient for trends and probably the hardest set of flat days in a long time. Still haven't broken that flag poles top. If we feel this way...., what about the floor traders and fund managers...! I suspect there's a pent-up psycho move coming.., a break out in either direction. This flag had every chance to fail, so I guess the move may surprise upwards. BUT THAT IS NOT REQUIRED..! <smile> Earlier this year we saw trends of 5-10 days....then 5 days, then 3 days now down to 1-3 days. This tightens the period of time I want to hold anything. Remarkable...! If any news comes along that's unexpected.., the move will be strong. At least that's the way it appears to me. This is a good charting site if not yet discovered: quotes.ino.com You have a good evening...! Chip