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To: velociraptor_ who wrote (7055)1/14/2003 6:42:37 PM
From: ajtj99  Read Replies (1) | Respond to of 10157
 
Yea, but you'd better wait until NDX 1155 is tested and SPX 955 as well. Once we got past the 927 SPX area, it initiated a test of the Dec. highs. I'm contemplating a short at NDX 1140 if we get there, or whenever the daily D- on the ADX reaches -15. The -15 level has been the place where trend changes have happened since October on the daily, and there's no reason that should change yet.



To: velociraptor_ who wrote (7055)1/14/2003 6:59:05 PM
From: sandeep  Read Replies (1) | Respond to of 10157
 
This market likes every news. Apparently, money flows are strong. No wonder we keep on going higher.



To: velociraptor_ who wrote (7055)1/14/2003 7:28:01 PM
From: bcrafty  Read Replies (1) | Respond to of 10157
 
How soon?

I'd like to see about SPX 1020, which would be a .618 retracement of the move off the 3/02 high to the 10/02 low

By then maybe we'll see the important levels VIX 18-20, VXN 36-40.

stockcharts.com[h,a]daclnnay[df][pb50!b200!f][iUb14]&pref=G



To: velociraptor_ who wrote (7055)1/14/2003 7:55:17 PM
From: bophilips  Read Replies (2) | Respond to of 10157
 
<<<The more charts I look at, the more it looks like this market is going to get its guts ripped out soon.>>>

V, time to put away the bear suit and bear claws and let the market talk to you. It's been a really nice rally since Dec 30, and I don't see any end "soon". Maybe a correction, but the trend is positive. Fine tune those indicators a little, there is money to be made on the up side also.

bo