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To: byhiselo who wrote (100976)7/8/2004 11:53:45 PM
From: SwampDogg  Read Replies (1) | Respond to of 209892
 
MA sell signal
RSI sell signal
MACD sell signal
Volume high for the summer

Most bullish read is at least down another 4% or so to the bottom of the channel.
GE may give a clue.

PS I know that I have said it before but this WILL be my final post on SI. I am signing off.
I wish everybody the best of trading in the next down leg, whether it is a "C" of 4 of an ongoing bull or the big 3.

Have fun...



To: byhiselo who wrote (100976)7/9/2004 8:07:12 AM
From: marginmike  Respond to of 209892
 
that is my plan



To: byhiselo who wrote (100976)7/9/2004 8:55:32 AM
From: At_The_Ask  Respond to of 209892
 
Entirely possible. I like it as keep it simple standard ta read. By the same token I'm watching the 200dma and using the old saw "third times a charm" when it comes to resistance. This time should be a charm when it comes to the 200 and we should either break away from it to the upside once and for all or break below for a bigger correction.

I favor the downside for some ewave reasons but wave counts often just reflect the counters bias and I do tend to the bearish side.



To: byhiselo who wrote (100976)7/9/2004 9:12:22 AM
From: jjstingray  Respond to of 209892
 
Those may be bull flags, but I think we get one more touch to the bottom lines. That also satisfies the larger a=c scenarios.