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

To: SwampDogg who wrote (94429)	4/6/2004 9:55:42 PM
From: Shack	Read Replies (1) \| Respond to of 209892

I see no momo at all Really? The last two weeks is as strong as I've seen the indices in a over a year. What defines momentum for you? We agree on the golds.

To: SwampDogg who wrote (94429)	4/7/2004 12:07:45 AM
From: ajtj99	Respond to of 209892

Fuddle, pardon my disinterest in fundamentals at this point. I have found they have little to do with what's happening right now in the indices. The charts are pointing up, and up they'll probably go. This recent low was a very good low that ought to last several months. Most charts I've looked at are pointed towards higher highs. Until the charts say otherwise, that's where I'm looking. Disclosure: I've been fully long in all accounts since the 25th of March. Not the best entry, but not bad either in hindsight.