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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Jane4IceCream who wrote (3096)	12/27/2004 6:01:21 PM
From: Vendit™	Read Replies (1) \| Respond to of 8752

Jane, One thing that I forgot to mention. Please notice the MACD signal on the chart which is the true Momentum on an initial move up signal actually went off 4 days ago. themarketwind.com This would mean that most of the upwards play on CHINA “should” be about cycled out. If I were thinking of an entry I would look towards the QQQQ and futures in the morning to see the direction and mood of the market in general. I would not bet against the market players at this point. Most everything to me looks fairly well over extended. Some times it is a safer bet to just sit on your hands and just watch others have fun ….living out a short term market top. <g> Reid