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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Skeet Shipman who wrote (49777)12/28/2000 5:27:57 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Skeet,

I'll take those short sellers with a grain of salt until I see the stats on the Traders' Committments... unless you have some source you could share.

Interestingly, several things occurred today which may mean the end of this rally... tomorrow. The first is a move up in the NHB.x vs SPY plot to it's upper trading band.

Secondly, the DI- plot on an indicator I keep broke out from a several day downtrend. Also from a several WEEK downtrend.

Probably 11,000 is resistance again???

Bill