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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (12317)11/10/2002 12:16:27 PM
From: Frederick Langford  Read Replies (1) | Respond to of 57110
 
Market Swing Discussion: Don Sew's Chat Room Notes and Recaps
------------------------------------------------------------
Posted by Nikko_thyme on Saturday, November 09, 2002 - 9:45 pm:

Chat Notes : 11/09 9:00 PM

Weekly Signals :

All signals are in the CLASS 1 SELL area, and have a buy in window
extending until next Wed.

Daily Signals :

All signals are in the LOWER MIDRANGE.

Donald is still holding his short positions, and is suspecting a
higher low may be set. He calculated an NDX fib retrace at 965, which
coincides with the QQQ max pain of 24 or NDX 960. The forthcoming
rally may not set a higher high.

The market may follow a Three Day pattern where it will be Down, Flat,
and Down on Monday.

Wed was a 21 day pivot point and may have marked a turn.

Donald noticed an Imperfect Evening Star formation on the NAZ, NDX.

The USD has formed a Three Black Crow's pattern. On the weekly it has
formed a Three Inside Down Pattern. Donald has pointed out that it may
be significant if the USD breaks the 103.50 level.



To: ajtj99 who wrote (12317)11/10/2002 1:01:08 PM
From: TREND1  Read Replies (1) | Respond to of 57110
 
aj99
you wrote
Larry, you may want to look at the twitchier indices for tops, like BPOEX and BPNDX. They are more volatile, and appear to mark tops and bottoms better when the tops and bottoms do not occur at the extremes.

answer:
(1)Not looking for trading signals right now.
(2)Looking at IRA Money with signals once or twice a year.
(3)Based on that, will stay with $BPCOMPQ
(4)Buy on July 25, 2002
(5)Again Zeev and I see same bottom(7/25/2002) as very important.