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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (14246)3/23/2004 6:05:40 PM
From: Peace  Read Replies (1) | Respond to of 207320
 
Dow, SnP, Comp & Sox all have the first 2 day set up.



To: robert b furman who wrote (14246)3/23/2004 6:50:58 PM
From: Runomoâ„¢  Read Replies (1) | Respond to of 207320
 
Hi Bob,

I think KLAC is the only one that has a possible two day setup, the rest including the indexes look very weak to me...I think the 200 day ma test is coming sooner or later and tomorrow could be the day it'll happen....be patient and wait for that test...sigh....now how is that for helping sentiment,....and I can't get over what I just read... cheify can't tell whether the dow will be 8000 or 16000 in 78 weeks...oh the humanity :)

Mo



To: robert b furman who wrote (14246)3/23/2004 7:49:36 PM
From: Chip McVickar  Read Replies (1) | Respond to of 207320
 
Bob... most of those second bars are Inside Days... not wiggles...
msft is an example
stockcharts.com[l,a]dahaynay[p]&pref=G
Actually the first day isn't right either... their suppose to close in the upper half... not lower.

The 25 day cuml sum going negative is often a signal to buy when it's on the "0"
But is also an indication of the technicals going against the bulls and reaching a break down