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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: 16yearcycle who wrote (13177)11/1/2002 12:56:28 PM
From: nsumir81  Respond to of 30712
 
I am still maintaining the overall advance is very feeble compared to the daily ranges especially after 1280 or so which gives the illusion of strength and a never ending rally.

This is an illusion imo just like all other bear rallies. Just need dry powder and staying power, and the cushion of time.



To: 16yearcycle who wrote (13177)11/1/2002 2:12:35 PM
From: LTK007  Respond to of 30712
 
i have added that chart to my favorites. Immediate observation, with the exception of Oct thru December 2001, we have not had a 20ema crossing above 100ema since August 2000. It is looking ripe for a big plunge, as i now feel the 2001 pattern is going to fail.
The why i do,that is, think 2001 pattern will fail, is in part i have seen too much artifice this week, i have a bad feeling about this whole rally. i feel public is going to get another hard lesson in "when the whip comes down", as in Yul Bryner? in the Magnificient Seven--was he the master of BullWhip in that neat old Western? Max



To: 16yearcycle who wrote (13177)11/1/2002 3:08:36 PM
From: ajtj99  Read Replies (1) | Respond to of 30712
 
Dragonfly doji forming on the weekly NDX:

stockcharts.com[h,a]wacayiay[dc][pc20!c100!f][vc60][iut!Um12!Up21,5,3]&pref=G

Possible reversal implications:

stockcharts.com