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


To: AllansAlias who wrote (52229)9/2/2002 10:55:59 PM
From: John Madarasz  Read Replies (2) | Respond to of 209892
 
I'm actually looking for a lower weekly close for this first week only. Nothing exceptionally dramatic, tho anything is possible. Then the possibility of a couple weeks of strength.

If my map proves me right, I'll more than likely look to book some profits, and stand aside for a week or two, anticipating a nice countertrend rally, which i'd like to sell. SPX maybe to 980-1000.

I am very bearish going into the end of this month, then into October/early November. Price, and pattern set-ups are the final mandate tho.