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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (45944)7/17/2002 10:09:31 AM
From: Perspective  Read Replies (2) | Respond to of 209892
 
Any chance this up in NDX is turning into an ED sort of thing? Could be an ED "C" to go with the first rally off that 945 last week. Second test would be a "B".

I know, I know, all jello. Don't try to trade it, or if you do, use trading range strategies: buy weakness, sell strength. Wait for an indication that the jello has been decided one direction or the other to trend-follow...

Still curious.

BC



To: AllansAlias who wrote (45944)7/17/2002 10:13:23 AM
From: Jack of All Trades  Read Replies (1) | Respond to of 209892
 
What do make that the NDX/OEX has been leading the COMPX/SPX the past few days?



To: AllansAlias who wrote (45944)7/17/2002 10:42:39 AM
From: jan_vandermeer  Respond to of 209892
 
Monday's run ignited by buy order for 10,000 contracts by pension or mutual funds according to "high level" Merc contacts. Take it with a grain of salt. (Story is near the bottom of page.)

thestreet.com


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