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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (242)5/18/2002 12:46:40 PM
From: quote 007  Read Replies (1) | Respond to of 17639
 
man you guys move a lot!!!!! have you used up your life time thread allotment yet?

any way--my 2 cents worth--my own personal index moved up to 43.42% from 29.14%--will stay long until it hits 6o ish
would only consider closing longs earlier if sox prints 520 on 5 point chart and/or nasd prints 1700 on 10 point chart
utility charts look like big trouble!!!!
util and uth--will probably short uth on any bounce up
keeping my eye on bbh--sector is way oversold
all in all i expect a pullback--but unlike you--i think we are going higher for a while--but i'm ready to change at anytime
read temple williams if you get a chance--he seems to be on the money for now



To: Jorj X Mckie who wrote (242)5/18/2002 1:03:49 PM
From: Peach  Read Replies (1) | Respond to of 17639
 
Thanks for the chart. Jorj, I want to know what happens if that triangle is completed. It sure looks like it might get there.



To: Jorj X Mckie who wrote (242)5/18/2002 2:29:45 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 17639
 
Donald Sew on friday, about 1 minute before the market reversed in the am-

Daily Signals: (Intraday Readings)

DOW, S&P, OEX: Borderline CLASS 1 SELL

NAZ, NDX: CLASS 2 SELL, Near Borderline CLASS 1 SELL

VIX, VXN: Borderline CLASS 1 BUY

USD: CLASS 2 BUY
The USD has had a flag or bearish wedge break down. The USD has also made
a local lower low.

Donald is going to add a larger short (USPIX) position today to his existing
short position, especially if the market closes at the high of the day. The break
down in the USD could be a negative for the market.

One of the components in Donald's calculations has turned down. This does not
happen often and can signal that the top is here.