To: Trading Machine who wrote (10910 ) 5/1/2002 3:06:52 PM From: MonsieurGonzo Respond to of 11051 TM> fog of war? I went long on OEX+NDX sto and mo phish hitting the dock, thinking we'd get a T/A phish phlop in conjunction with month-end accounting cycle. Looked good on paper {grin} ...my TMW.X chart didn't flash "phish phlop" until Monday CLOSE, so my 1X entry was T-3 days too early, which forced me to either bail out STOP or, buy down ~ BONDs looked toppy so, I opted for the latter and executed a second, 2X buy programme. it (the market) feels like the public's just not participating in the BigBoyz = index driver stox; the A/D line is telling me that the money managers are continuing to diversify pension funds/401K's into Small-MidCap/Value Stocks, diversified emerging markets and gold. imho, real estate (and REITs) are now a bubble, fwiw. the pros and serious investor-traders (like us) still left in this market ...we should expect a lot of squeezes and traps (as Berney says) as there's nobody left in the pool but us sharks {grin} anything more than this malaise-market ~ we'd be betting on the BKX+XBD financials BigBoys to lead the major indices back into the black. your magic lines look fine, Paul ~ my only caveat is that there's apparently few participants left but pros and, they're looking at the same magic lines , wondering how the hell they can position themselves to take advantage of T/A traders ;-) ...in my experience, T/A always tends to "break down" at extreme tops and bottoms, fwiw. IOW, break away from your instruments, Jeddi Knight Paul ~ listen to your gut ~ and LET THE FORCE BE WITH YOU !!! _ I guess my advice to investors would be to ignore the major market (capitalization-driven) indices, and invest in the rising A/D line; ie., find out WTH is rising and follow that money, not the SnP . -Steve