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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (60978)11/19/2002 8:42:01 PM
From: stomper  Read Replies (1) | Respond to of 94695
 
Ahhh, chartboy shows his true colors. -g-

-dave



To: Lucretius who wrote (60978)11/19/2002 9:44:41 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 94695
 
After this recent hesitation at these levels, we have to see a resumption of this rally very soon... a break below the 870ish level would give us a small m top and could take us back to the lows but not much lower based on those two recent key lows...

GZ



To: Lucretius who wrote (60978)11/20/2002 7:59:07 AM
From: robert b furman  Read Replies (1) | Respond to of 94695
 
Hi Luc,

Well for starters,

The bounce off the fifty (in late October and November)shows a whole lot more support than the penetration under and failed bounce did in August.

There are A LOT of charts out there that show the +DI has crossed over -DI.

Six months ago you couldn't find one in a scan if you used all stocks.

A definite change of character.Poor people trying to make/save money on Money Market accounts are finding out the dog don't hunt.

Afterall you have to be able to pay the diesel fuel bill as you roll around America in your Diesel pusher.gg

Bob