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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (67281)11/11/2003 7:33:57 PM
From: William H Huebl  Read Replies (1) | Respond to of 94695
 
Got a sell signal on DJIA at close. During this period of consolidation, be careful because the signals tend to be reversed... in that they mark the edges of the consolidation!



To: Lucretius who wrote (67281)11/12/2003 8:57:49 AM
From: Real Man  Respond to of 94695
 
Well, it can overthrow, and move in the other direction.
The first large move down from here should go to about
9000. Overall, it should move much lower, so we can watch,
just now, to see how it goes. A bounce from 9000 should put
us in the range of 9400-9550. Brave soles can short there.
Scared bears should short the second break of 9000. Still
a long way to go - I expect the lows will be broken.


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