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


To: Techplayer who wrote (35526)4/3/2003 8:42:03 AM
From: MulhollandDrive  Read Replies (2) | Respond to of 57110
 
beware the highs of march....

:)



To: Techplayer who wrote (35526)4/3/2003 8:46:02 AM
From: Oral Roberts  Read Replies (1) | Respond to of 57110
 
I have the daily downtrend line just above our last high at 896 or so. I guess still being bearish I would expect maybe a double top there on lower RSI and then a turn down.

We shall see I guess. The Dorsey Wright NYSEBP reversed to x's now and made a higher low. All of their indicators are in x's except OTCBP and it is very close. Also the SPX piff chart is quite bullish and has a profit objective of 1110. But the piff chart will double top at 895 and the nysebp has been somewhat contrary during the bear.

The nature of the pullback is going to tell us what we need to know I guess but I am a bear riding it up for now. A very uncomfortable one I might add.