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

To: Chris McConnel who wrote (15706)	12/23/2001 11:46:10 AM
From: bobby beara	Read Replies (1) \| Respond to of 99280

stockcharts.com[h,a]daclyyay[pb50!b20][vc60][iUb14!La12,26,9] stockcharts.com[h,a]daclyyay[pb50!b20][vc60][iUb14!La12,26,9] Chris, the ST and IT moving averages are still moving up, but running into the LT moving averages, so the st & it are still in a bull trend, but weakening on nasdaq, we might need a failing rally off thursday low in nasdaq, there is something of an ABCDE flag on nasdaq into an area of big congestion. the naz trin after churning in a triangle since nov 19th had a spike similar to the two bottoms in october and as noted the CFZ hit the hot list and we got a spike up to almost 1 in p/c ratio. Santa may put a lump of coal in the bear's stocking, if he plans to do this monday should be up nicely. b