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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (71155)	4/10/2003 11:56:21 PM
From: ajtj99	Respond to of 209892

It's this weekend.

To: mishedlo who wrote (71155)	4/11/2003 12:23:46 AM
From: nspolar	Respond to of 209892

Yes this weekend the 12th, plus or minus a day or so I suppose. Personally not a big Bradley fan so don't follow it that close, but my interp is if it is meaningful here it will mark a market high. Decisionpoint probably has the best set of indicators, as a summation, to easily browse in a short period period of time. A good combo of ST, some IT and some LT indicators of various types. Not totally clear but too many look toppy for the market to go much higher, imo. VIX/VIXN both looking ready to turn, VIXN may have started. CVI/STVTO/VTO patterns in the SPX and DOW look bearish, imo, with NDX not far behind. TRIN patterns look bearish to me as well. Certainly doesn't appear much room to the upside. Volume based McClellans look like they may have broke as well. Just my .02. But as they say tomorrow is another day. I'm set up for IT bearish action, ready to add more puts if it appears to go down. Interested in more BTK and BKX stuff. First thing in the morning I'll look at GE. Don't think the earnings figure means squat, it will be what they have to say. Can't see much reason to expect a lot of positives. Business stinks, and if they are expecting GE capital to hold earnings up, well I think that is the wrong thing to think. I expect GE capital to eventually have to write off a lot of bad loans, over time. GE's core business imo are not going to improve for a long time, especially the turbine biz. thestreet.com