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


To: William H Huebl who wrote (53413)7/24/2001 8:48:18 PM
From: Gersh Avery  Read Replies (1) | Respond to of 94695
 
good point .. but how many limit days do we see?



To: William H Huebl who wrote (53413)7/24/2001 8:59:52 PM
From: GROUND ZERO™  Read Replies (2) | Respond to of 94695
 
Don't put your stop at limit... besides, limits are almost rare.....

GZ



To: William H Huebl who wrote (53413)7/24/2001 11:32:22 PM
From: Skeet Shipman  Read Replies (1) | Respond to of 94695
 
Well Bill,
I might be looking for a bounce in here. But, I do not believe it is the start of a major move. Computer analysis of the markets are becoming more negative:.

Market trend is DOWN.

Conventional Interpretation - Short Term: The market is bearish because the fast moving average is below the slow moving average.

Additional Analysis - Short Term: The market is EXTREMELY BEARISH. Everything in this indicator is pointing to lower prices.

Conventional Interpretation - Long Term: The market is bearish because the fast moving average is below the slow moving average.

Additional Analysis - Long Term: The market is EXTREMELY BEARISH. Everything in this indicator is pointing to lower prices.

So until my indicators, which are now neutral, give a signal I am going to trade the market from a bearish position.

Skeet