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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: re3 who wrote (13536)	5/9/2004 11:26:38 AM
From: russwinter	Read Replies (1) \| Respond to of 110194

Here's a similar theme I'm toying with. It looks like the trendline is going to be crossed, money flow is dropping, higher low plateau, wedged, etc. The only question is the length of the topping action, not as long as most, and since it's not far off it's highs, and has until about a month ago been on a run, it could resurrect (not enough overhead resistance), especially in a rally so you have to be careful. Question is then, just short it right here, or let it do more topping work? Anybody have technical thoughts on it, I could always use help? stockcharts.com[l,a]daclniay[pd20,2!b50,200][vc60][iUc20!Lf]&pref=G This one might be better, as there is strong overhead resistance at 44.30. Perhaps short if it bounced back up to the 50 MA? Maybe not right here though as the volume wasn't overwhelming on the black candlestick days. stockcharts.com[l,a]daclniay[pd20,2!b50,200][vc60][iUc20!Lf]&pref=G Both are in the ballpark and on my "watch list".

To: re3 who wrote (13536)	5/9/2004 12:17:42 PM
From: Fishfinder	Read Replies (2) \| Respond to of 110194

This may only be short lived. The cost of housing is going way up which will contribute to maintaining real estate values. I don't think we will see a slide in housing prices. In Vancouver, it is becoming a renters market, but if you own new properties, ie; the new down town area, its going to remain fully rented. rents may go down 10% but so what if you aren't too highly leveraged. If you are then its your fault. The vacancies will be in the older, and less desirable areas. I think the same will be the norm everywhere. scott