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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 (71255)	6/27/2005 10:30:50 AM
From: Real Man	Read Replies (2) \| Respond to of 94695

Well, I looked at technical folks predicting moves, and they have only been right when they predicted a move up. The larger predicted move down never takes place, whether it's a 90% probable pattern, a triangle, candlestick, H&S, overbought, GZ's spiral, and what not. No matter how high the probability of a given technical pattern, the result, if it is down, never materializes. The LT tick DMA of 500 and 480,000-1,000,000 blocks crossing the tape at critical levels whenever selling occurs leads me to believe the market won't go down no matter what. So, buying at support and oversold will make a lot of money. Keep it simple -g- I'm buying calls today, cause I see them 1,000,000 blocks and high tick again. The market has become a one way street, under Bush and Greenspan.