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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (16383)2/26/2002 7:58:52 PM
From: Libbyt  Read Replies (2) | Respond to of 23786
 
Notice that significant bottoms are found below 30 in all cases.

It is conceivable that we have a minimum of 10 points and possibly 20 more points to the downside on the bullish percentage chart before we form a meaningful bottom.

For those of us who are P & F "challenged"....could you please expand on this thought? (I'm not sure exactly what you are saying!)



To: Jorj X Mckie who wrote (16383)2/26/2002 8:15:32 PM
From: MulhollandDrive  Read Replies (2) | Respond to of 23786
 
....I hadn't realize the 200DMA is over 2600...that number just can't fall fast enough. <g>



To: Jorj X Mckie who wrote (16383)2/26/2002 11:08:38 PM
From: Lazarus_Long  Read Replies (1) | Respond to of 23786
 
Globex up. Foreign markets up. And some important numbers coming up this week.
cbs.marketwatch.com

Probably get an up open. 'Course it don't have to stay that way.

And we're heading into warning season.

Which could very well drive that BP lower.



To: Jorj X Mckie who wrote (16383)2/26/2002 11:52:11 PM
From: Lost1  Read Replies (1) | Respond to of 23786
 
nice chart there Jorjio...I must say that looking at that chart makes me think that we may move higher...the 200DMA certainly indicates we're oversold ...still

is that pink dotted line just there to show support in the past?

what are you thinking?