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

To: TREND1 who wrote (49917)	4/11/2002 2:39:22 AM
From: LTK007	Respond to of 99280

KMark asked <Why cover today if the "down" channel is still intact???> just looking at my daily Period COMPX chart and i see my first improvement in momentum for sometime, from minus 124 to minus 121. Sto K and D are dead equal at 19 with the K rising.RSI is at 40 on daily period, the highest close since 3/27. And M.Oscillator has crossed from negative to close at 4. KM, by this reading, i can't argue with Larry. Much as i would love to see us get this downtrend over and done with, it , at todays close indicators are flashing another near term swing up, keeping us in a relentless grinding trading range. I can't underestimate the computer factor, and they are now working on TA formulas--so it goes. So barring a big shock news event it looks like the Big Boyz have all under control for a brief ride up.Max