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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (4096)11/17/2004 3:27:40 PM
From: Woody  Read Replies (1) | Respond to of 12411
 
With all this reference to time and price I agree time is up but is there any explanation to what happened last 12-10-03 ? Unless I'm off base it looks to me the market should have pulled back but didn't.

Thanks
Woody



To: GROUND ZERO™ who wrote (4096)11/17/2004 3:39:06 PM
From: Gersh Avery  Read Replies (1) | Respond to of 12411
 
going back to short at the close ( USPIX )



To: GROUND ZERO™ who wrote (4096)11/17/2004 10:45:15 PM
From: Chip McVickar  Read Replies (2) | Respond to of 12411
 
Hi GZ,

This is the chart that I like to use with the spiral.
It's giving the cash market more room... about 2 more weeks for this cycle.
It certainly is over bought and we might see a flat price to relieve the pressure.

In any case, I'd say we won't know anything until after the thanksgiving gap.... and these windows can also cause the trend to accelerate if'n they don't break it...!!!

stockcharts.com[h,a]dcoannay[dc][pf][iuah5,34,5!lb14!lb5!lo14!lh14,3!la8,21,5!ld20][J25851843,Y]&pref=G

Finally, we're still waiting for last years weekly charts to become a top or a floor.... it hasn't been resolved technically, so my bias is still to go long on every opportunity.... cause the bull move's just started and next year will see a test of old highs in the Dow -- SPX -- and new highs for Russul -- Value line indexes.... (not the Nasd).