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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: TREND1 who wrote (3084)11/5/2001 12:06:24 PM
From: Steve Lee  Read Replies (1) | Respond to of 99280
 
Larry, you are calling it a higher high but it depends what you are comparing it to.

I can pick a point higher than where we are now for comparison, and call today a lower high.

Now you have a new home for your charts, I would be interested to see how close the channel is on a longer range chart of the COMP, and whether HAL would call that a sell or a buy.

Regards, Steve



To: TREND1 who wrote (3084)11/5/2001 12:10:42 PM
From: Kevin McKenzie  Read Replies (1) | Respond to of 99280
 
It does seem like everyone wants to call this a top. Hmmm . . . maybe this rally will continue.



To: TREND1 who wrote (3084)11/5/2001 12:15:59 PM
From: Larry Brubaker  Read Replies (1) | Respond to of 99280
 
<<but you are going against the trend. IMHO>>

Wouldn't it be more accurate to say you are going against the counter trend? After all, it was just a few weeks ago the market was setting new 3-year lows.


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