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Strategies & Market Trends : TA setups-ex th traders -- Ignore unavailable to you. Want to Upgrade?

To: tom pope who wrote (3098)	8/29/2004 5:01:56 AM
From: cthruu	Read Replies (1) \| Respond to of 7682

Brokers/dealers also looked pretty good for long entry before 8/12. There were positive divergences in the underlying indicators and I thought LEH was a pretty good long candidate. I had bought MWD and GS at the end of last month but I was stopped out - I guess it was a bit too early. This chart shows a clear change in trend from down to up in my view. XBD may pull back a bit from 128.30 area to around 123 and I'd be a buyer on the pullback. ttrader.com Connors said that Semi's and Broker/dealers often lead the market trend change. I see a trend change in one group, not the other.