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Strategies & Market Trends : Trader J's Inner Circle -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (46219)8/29/2001 2:09:57 AM
From: LTK007  Respond to of 56535
 
Data--Nikkei breaks below 11,000 for first time since October 1984.



To: LTK007 who wrote (46219)8/29/2001 7:40:25 AM
From: ajtj99  Read Replies (1) | Respond to of 56535
 
Hey, that was a good album by the Alan Parsons Project, I Robot, Max.

A question, Max. If I recall the charts (I looked at many last night) MACD has not turned over yet either on the COMPX 60-minute, but it is a slightly lagging indicator when compared with stochastics. By the time the MACD turns up, the move is well underway. Is the ADX similar in that regard?



To: LTK007 who wrote (46219)8/29/2001 7:56:16 AM
From: ajtj99  Read Replies (1) | Respond to of 56535
 
Max, I just read an e-wave guy who supports your drop. He says the failure of 1550 NDX yesterday will get us a drop to 1457 NDX, which is about 1800 COMPX.

We'll see what happens. There is some sentiment that a double bottom of last week's lows will provide a base for a rally.


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