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Strategies & Market Trends : Moomin Valley (formerly Troll-free Zone) -- Ignore unavailable to you. Want to Upgrade?

To: nspolar who wrote (1024)	8/17/2005 10:32:31 PM
From: Moominoid	Respond to of 2852

Dpoint Mac's? Not familiar with that. Sold half my Ansell (ANN.AX, ANSL on the NASD) just now also looks like a triangle and got a sell signal using the autoregressive model, but not sure...

To: nspolar who wrote (1024)	9/2/2005 5:11:11 PM
From: Moominoid	Read Replies (1) \| Respond to of 2852

The upward correction here that people are getting so bullish about isn't even noticeable on the weekly chart of the McClellan Summation: stockcharts.com[w,a]waclyyay[pb5!b13][vc60][iLb14!Lh14,3]&pref=G I am leaning to this being a B Wave which is part of a larger C wave of a triangle that started at the beginning of this year in the NDX/NAS. I was thinking we were in a flat correction from the beginning of this year - could still be. But the internal structure of the down move here and strength of the market in the face of bad news is making me lean towards a shallower correction.