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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: Shack who wrote (1165)4/27/2001 10:12:45 AM
From: AllansAlias  Respond to of 209892
 
From the wide view, we have a NASDAQ that is holding the weekly uptrend line coming off the lows and is threatening to close for a second week above the 1990 TL. Very bullish in that timeframe -- a potent technical warning for bears.

(Now, before folks get the wrong idea, I am only looking at another timeframe to see what it is telling me. I am in the weeds here, thinking and not trading. The entire world has not turned upside down yet, but it is threatening to. Being wrong happens. If you hate being wrong, you're in the wrong field imho. It's the size of the wrongs that count. Cheers)