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


To: Jorj X Mckie who wrote (35058)3/31/2003 10:40:23 AM
From: Techplayer  Read Replies (1) | Respond to of 57110
 
Good morning. I was able to extract myself from the vise unscathed this morning. ISSX and ALTR virtually offset each other.

There were some posts yesterday about retracement levels for the S&P that need to hold to support the bullish case. I cannot seem to locate them right now. Off the top of your head, do you remember where the 62% retracement level is? Thanks either way..



To: Jorj X Mckie who wrote (35058)3/31/2003 11:18:00 AM
From: Frederick Langford  Respond to of 57110
 
------------------------------------------------------------
Market Swing Discussion: Don Sew's Chat Room Notes and Recaps
------------------------------------------------------------

Posted by Nikko_thyme on Monday, March 31, 2003 - 10:55 am:

Chat Notes : Mon 3/31/03 10:00 AM

Daily Signals : (INTRADAY)

SOX, DOW : CLASS 1 BUY

NAZ, OEX : Borderline CLASS 1 BUY

SPX, NDX : CLASS 2 BUY/Borderline CLASS 1 BUY

VIX : MIDRANGE

USD : Borderline CLASS 1 BUY

TYX : CLASS 2 BUY

TNX : CLASS 1 BUY

If the market continues moving lower toward the close the indices may
line up as CLASS 1 BUY signals today.

Donald may open a 5% long position, but will keep any long position
small due to the pending Tsunami signal. Friday he hedged his short
positions with an even amount of long positions due to his concerns
pertaining to the possibility of a news driven market environment.

The lower trend line on the Bullish Flag/Wedge has been broken to the
downside, and may be negated if the market stays below it.

Fred