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Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?


To: da_cheif™ who wrote (825)4/4/2001 7:35:06 PM
From: GROUND ZERO™  Respond to of 8150
 
Well, I'm a patient guy.....<g> no one expects a bottom any time soon, we could see a nice rally for some time to come..... let everyone call it a bear rally, I know better.....<g>

GZ



To: da_cheif™ who wrote (825)4/4/2001 8:26:48 PM
From: Chip McVickar  Respond to of 8150
 
On the DJIA I've got a 40 day cycle that opens up until 6th of April.
Another turning point is the 10-11 April.

A developed indicator is suggesting the DJIA is oversold.
It has not done this since 10/18/00 and a low of 9654.

The whole sheebang is restless for a strong move UP...!
But only a bear leg up...!

It's my contention the traders don't want to break the bank and send themselves packing into the wasteland. When recruited their never told, brokers are in a cyclical business, and come and go like tumble weeds.

Without any bad news it might well be strong move.



To: da_cheif™ who wrote (825)4/4/2001 8:30:05 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 8150
 
For today, I count -11 and -3

GZ



To: da_cheif™ who wrote (825)4/4/2001 8:37:18 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 8150
 
Also, the DOW found good support from their July, 1998 highs... the obvious technical supports and the psychological supports as well have to be broken before any healthy rally could begin... we broke all the simple trend lines... now, if psychological supports are broken, then we could see a hefty move to the upside.....

GZ