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

To: Vitas who wrote (35990)	3/2/2002 12:37:05 AM
From: bobby beara	Read Replies (4) \| Respond to of 99280

after watching this crap for a while in my simple mind it boils down to dis for st/it position traders, i don't care about the predictions of doom or predictions of boom, don't matter, the grimsters are talking heads, just like the CNBC cheerleadrs. non o dat auxillary crap matters - vix, dix, mix, tix, if deys makin higher highs and higher lows it's bullish, if dey makin lower lows and lower highs it's bearish, if the 20 dma is moving sideways it's either a pause or a trend change, it's nice to be early to catch a trend change, before the crowd gets in the door, but god only lets you buy the bottom or top tick once in your life, and where you think themarket should go is immaterial, because you don't possesses the all knowing all powerful powers of OZ or miss cleo -g-

To: Vitas who wrote (35990)	3/2/2002 3:37:26 AM
From: HairBall	Read Replies (1) \| Respond to of 99280

Vitas: you apparently re-interpreted after that day's trading As my original SI stalker, once again you prove you have no idea what your talking about... The price action closed below the INDU's 82 Rising Support Line (semi-log scale) both Thursday 9/20 and Friday 9/21. Once the price action had moved below the long standing trend line, it was only prudent to expect the line would next be tested as resistance before the price action would move higher. I answered that question on Sunday 9/23. And as I expected, the price traded above and below the line for the next four sessions and did not begin to move up and away from the line until Friday 9/28. So, it was tested as resistance. Vitas, I keep telling you...if you actually traded the markets you would understand this...(now run along and find someone else's ankles to bite) LG