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


To: quasi-geezer who wrote (19701)12/12/2002 7:43:00 PM
From: Jeffrey S. Lillie  Read Replies (1) | Respond to of 30712
 
not necessarily, just look at same period last year where we double pumped higher in dec jan
j
as far as the levels in indexes, i feel we are though. will know soon.



To: quasi-geezer who wrote (19701)12/12/2002 8:39:15 PM
From: ajtj99  Read Replies (1) | Respond to of 30712
 
Cross below 20EMA tells you its over, not the indicators on the NASI, IMO.



To: quasi-geezer who wrote (19701)12/12/2002 10:13:21 PM
From: ajtj99  Read Replies (1) | Respond to of 30712
 
Oh, so you're saying that since the 10EMA was crossed this week on the NASI, the rally is over just like it was when it crossed in mid-Dec. 2001 when the COMP was at around 1930?

stockcharts.com[h,a]daclyyay[de][pc20!c10][vc60][iLb14!Ll14]&pref=G

If my memory serves, we had a high of 2098 a couple weeks later on the COMP.