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


To: TREND1 who wrote (70997)5/24/2002 5:54:37 AM
From: Jim Cash  Respond to of 99280
 
5.) or he'll simply keep raising the top until it holds and include this run as his prediction of a pre Nasdaq meltdown rally..



To: TREND1 who wrote (70997)5/24/2002 11:09:54 AM
From: Paul Shread  Read Replies (3) | Respond to of 99280
 
San Francisco Federal Reserve Bank says 876 is fair value on the S&P

frbsf.org



To: TREND1 who wrote (70997)5/24/2002 6:29:43 PM
From: MechanicalMethod  Read Replies (1) | Respond to of 99280
 
Larry,

It's my opinion those settings are too loose but I don't have a better suggestion because it's the nature of P&F charts. There's P&F qualities I like but rounding price to box sizes sacrifices the sharp edge of reversal zones. Of course it's strength is that direction is always clear. How can I keep direction clear while maintaining the sharp edges?

MM



To: TREND1 who wrote (70997)5/24/2002 8:58:41 PM
From: Jdaasoc  Read Replies (1) | Respond to of 99280
 
Now look at this chart.
(1)30 pts (.3% away from a rev up)


Yet so close; yet so far away. I still believe those lines are highly charged. The market electrocuted itself in March when it touched them. We may be safer dancing slightly below MA lines until we have enough strength to leap over them and not touch it.



To: TREND1 who wrote (70997)5/25/2002 6:59:53 AM
From: Steve Lee  Read Replies (1) | Respond to of 99280
 
Larry, what is that chart saying?

Will the red line be touched again?