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


To: ajtj99 who wrote (13260)11/1/2002 7:18:32 PM
From: jjkirk  Respond to of 30712
 
Here's that monthly chart with some trendlines. Look at where we stopped today

Yes, I like that monthly chart...like lookin' at the Rockies from 25,000 ft...much better than walkin' across at 2.5 mph aka 15 min Stockchart...

AJ, I looked at the monthly yesterday and realized that this ramp is but a pimple on the road to 700. If I took the Buffett approach...that's Warren, not Jimmy...and only looked at monthly charts, adding to shorts on these pimples, sitin' back and playin' bridge...probably live a lot longer and the wife would start to see those honey dews get done....<g>....jj



To: ajtj99 who wrote (13260)11/1/2002 9:44:59 PM
From: nsumir81  Read Replies (1) | Respond to of 30712
 
ajtj-comp monthly..looks like 1395-1405 to me. eom



To: ajtj99 who wrote (13260)11/1/2002 10:32:20 PM
From: ajtj99  Read Replies (3) | Respond to of 30712
 
Anyone notice we closed above the 20-EMA on the weekly?

stockcharts.com[h,a]whcayiay[dd][pb20!b50!b200!c20!d20,2!f][vc60][iLb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14][J7936901,Y]&pref=G

We haven't done that in a year. Upper BB on the weekly is at 1480 COMP, although we've not reached it since the top in March 2000:

stockcharts.com[h,a]whcayiay[d19981101,20021101][pb20!b50!b200!c20!d20,2!f][vc60][iLb14!La12,26,9!Lg!Li10,10!Lh5,5!Lp14,3,3!Ll14][J7936901,Y]&pref=G

If we did get there, it could be an ominous sign.