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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (70565)	4/19/2005 11:11:05 AM
From: Real Man	Read Replies (1) \| Respond to of 94695

3 candlesticks like we had late last week are very bearish, even though they are normally followed by a 50% retracement bounce. BWDIK?

To: William H Huebl who wrote (70565)	4/19/2005 2:38:59 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

I think we need to close the opening gaps from Friday morning before moving lower. Now we almost have to move lower, because new opening gaps were created today. Unclosed opening gaps on DOW and SP are rare events. Not so for Nasdaq. Now, the action of the past 2 days looks corrective, which means this move down has a lot more to go. BWDIK?