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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Moominoid who wrote (63098)4/30/2005 11:17:56 PM
From: J.K.  Read Replies (2) | Respond to of 74559
 
Those scenarios would be glorious...

I agree we have a technical bounce ahead of us. Whether it becomes something more...

The power candle from three weeks ago is controlling the price range for now:

stockcharts.com[h,a]waclyyay[dd][pb50!b20!f][vc60][iUk12!Up14,3,3]&pref=G



To: Moominoid who wrote (63098)4/30/2005 11:33:31 PM
From: shades  Read Replies (1) | Respond to of 74559
 
I think the markets will FLUCTUATE - bwahah! From your charts I take you expect a rally all the way to the end of may and then another down turn where we should start shorting the 1st of june. It seems to me the trend is still down, we haven't made a clear reversal yet and I don't have to catch the bottom - just wait for the trend.

Well very soon now I think we are going to be able to either give you or dr. stoxx a little more of our ear depending on how things go. How about this, what will have to happen over the next few days for you to think we have not yet hit bottom and the charts you just posted are wrong and we are heading down in may and not up?