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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 (71234)6/24/2005 10:17:16 AM
From: Real Man  Read Replies (2) | Respond to of 94695
 
The bears need a Nasdaq close below 2,053.39 for an ugly
Nasdaq candlestick on the weekly basis.



To: William H Huebl who wrote (71234)6/24/2005 1:42:11 PM
From: Moominoid  Read Replies (1) | Respond to of 94695
 
I think chances for a mini-BK on Monday are pretty good. About 1460 on the NDX gives a nice buy signal on my spreadsheet. It is also about a 61.8% retracement from the recent top. Doesn't have to actually be on Monday - could be a decline till Tuesday say... Then as someone pointed out the MFs might start buying to close the quarter.

PS... maybe it already started LOL


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