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Strategies & Market Trends : The New Bull Market. -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (1192)8/14/2002 9:00:53 PM
From: Rich1  Read Replies (1) | Respond to of 1750
 
So based on today would you be long or short...



To: GROUND ZERO™ who wrote (1192)8/19/2002 2:14:42 PM
From: Chip McVickar  Read Replies (1) | Respond to of 1750
 
IMO, the weekly charts are telling the story.

The SPX low on 9/17/01 is at 944.75... and major resistance
Here at 2:10est we are seeing 947.49 in the cash.

A fork off 9/17/01 using the weekly high 1/07/02 is looking at 1,000
Second weekly fork off 3/19/01 is also dead on 1,000

Forward Weekly fork off 2/18/02 has it's upper tine dead on 1,000 and they all cross this week and next. The TP of this weekly forward fork is due this week...exact monday.

Don't expect they'll give us more then a 1,000..... for this nrw run.

charts.barchart.com