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Strategies & Market Trends : Groundhog Day -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (1184)4/16/2002 5:03:20 PM
From: Petrol  Read Replies (1) | Respond to of 6346
 
To go long on the DOW?

Is that what you mean?



To: Jorj X Mckie who wrote (1184)4/16/2002 5:25:01 PM
From: Augustus Gloop  Read Replies (1) | Respond to of 6346
 
<<I think I may be switching teams here.>>

If you do we'll need a designated chick to bring you back <g>



To: Jorj X Mckie who wrote (1184)4/16/2002 5:25:38 PM
From: Oral Roberts  Read Replies (1) | Respond to of 6346
 
Jorj,

On the comp.

I was just looking and pondering with no ability to draw. Do a trend line from our Jan high across the top of the march high. Shorter from the March high through the top of our high 7 trading days ago. I think getting above these lines on close means more then today's .66 retracement of our down move from the 7 day ago high.

edit: Also notice that the S&P has done nothing more then retrace the big black candle of a few days ago. Nothing but churn. The next few days are critical.