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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Moominoid who wrote (123065)	8/18/2005 4:29:40 PM
From: Galirayo	Read Replies (1) \| Respond to of 209892

[NDX] Yes .. it means that the Sto and MACD are in Bounce area. The last bottom pivot is still intact. Todays candle has turned out to be a form of an imperfect doji ... which basically means .. indecision. So .. it means ... I dunno. :) stockcharts.com[w,a]dacayiay[db][pb34!c20!f][vc60][iut!Ua12,26,9!Uh14,3]&pref=G I'm getting the feeling it's going to turn into a Bull / Bear battle ... a slow grind .. while we wait for some kind of catalyst. I'd lean toward the grind to be to the Dark Side. I just don't think you'll get a Big Bear Bite though .. the 50dma is just below the 34. And Momentum to the down side has subsided. But then again it could easily recover that 34 tomorrow and Spring Up .. like a rubber band. <g> The last 3 days are the beginning of a Tower Bottom .. so it's trying to find a bottom and establish horizontal support. stockcharts.com[w,a]dacayiay[da][pb34!b50!f][vc60][iut!Ua12,26,9!Uv25]&pref=G At least that what I see. Ray