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


To: William H Huebl who wrote (68798)2/26/2004 11:17:52 AM
From: Real Man  Read Replies (1) | Respond to of 94695
 
finance.yahoo.com^IXIC&t=1y&l=on&z=m&q=l&p=m50,m200&a=&c=

This is the worst correction in this mega-rally, relative
to 50 DMA. 50 DMA ALWAYS created a bounce. Always. So, if
it does not, this means something. Something ugly. They need
to pull it up right now, or else they may lose the rally.

stockcharts.com

This, too, does not look very good.



To: William H Huebl who wrote (68798)2/26/2004 12:50:26 PM
From: Real Man  Read Replies (1) | Respond to of 94695
 
I think unless NAsdaq gets to a new high, the warning is not cancelled.
We are about 30 days away from the top. Crashes usually occur 60 days
past the top. -g-