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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 (14062)	8/8/2002 11:25:10 AM
From: Augustus Gloop	Respond to of 17639

Personally I can't see the fundamental basis for the turn. That either makes me the perfect contrairian or something big has to happen to shake us back down

To: Jorj X Mckie who wrote (14062)	8/8/2002 11:42:40 AM
From: Challo Jeregy	Read Replies (1) \| Respond to of 17639

A couple of things stick out in that picture - 1. If the spx closes where it is or higher, we have 3 white soldiers. 2. If the spx closes where it is or higher, it could negate the 3 crows. if the spx closes where it is or higher, I would expect a reversal tomorrow (Carpino's down thru the 12th), then a break out over the downtrend line next week. All depends on #'s 1 and 2. I am not bullish on the economy or the market, but if the trend changes, shouldn't we?