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To: JRI who wrote (3788)5/30/2001 12:49:43 PM
From: Jack of All Trades  Respond to of 209892
 
It's got to get going here or it's a continuation of this am... Notice that sickco is getting wacked everytime the market tries to move up... I take this a bad sign for the bulls...



To: JRI who wrote (3788)5/30/2001 12:53:49 PM
From: AllansAlias  Respond to of 209892
 
This is not just directed at you JRI, but...

What f*cking good are technical indicators in a wave 3? they get oversold/bought and they stay oversold/bought -- until the turn.

I think the only use of indicators in such a situation is looking for solid positive divergences to hint that a turn is at hand down the road.


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