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Non-Tech : Raptor's Den -- Ignore unavailable to you. Want to Upgrade?


To: Victor Lazlo who wrote (9994)4/8/2003 8:31:22 PM
From: macavity  Read Replies (1) | Respond to of 10157
 
Sounds like a gloat to me!

My signals are showing that the March extremes (high: stocks & dollar; low: Bonds & PM stocks) were possibly it.

We are on the line for reversals in weekly charts on all 4 of these groups.
If we close against these levels, I would not be as confident as you are in this $SPX uptrend.

Still good luck anyway, most differences in opinion (I find) are based on differences in time horizons.
Methinks "The March 2003 Rally" is over!
But I have been wrong many times before.

Long GLG; GLG Calls

-macavity



To: Victor Lazlo who wrote (9994)4/9/2003 12:08:22 AM
From: Dan Duchardt  Read Replies (1) | Respond to of 10157
 
Mkts in confirmed uptrend

I can't find an index chart to support this notion. Lots of triangles squeezing down between the October lows and December highs, but not yet a successful breakout. There certainly has been a threat to do so in recent days, but it did not yet happen.