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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: c_hl who wrote (7412)8/30/2005 5:13:53 PM
From: c_hl  Respond to of 12411
 
I think oil has to reverse for SP to reverse.



To: c_hl who wrote (7412)8/30/2005 6:14:11 PM
From: GROUND ZERO™  Respond to of 12411
 
Yes, I'm adjusting the wall to fit yesterday's high... tomorrow's wall will be at around 1210, the wall is dropping more rapidly now, but I'm requiring a close above 1215.00 for tomorrow to turn me bullish, that's 5 points outside the wall... this current spiral still has two more weeks left, with a possible visit to the 1120ish level as suggested a few weeks ago... it will be amazing if/when we actually see this occur...

GZ



To: c_hl who wrote (7412)8/31/2005 7:49:20 AM
From: GROUND ZERO™  Read Replies (1) | Respond to of 12411
 
The NAZ appears to be forming a saucer bottom, this is very bullish...

stockcharts.com[w,a]daolyiay[pf][vc60][iut]&pref=G

GZ



To: c_hl who wrote (7412)8/31/2005 8:03:00 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 12411
 
I just covered my short positions and took a long at 1211.10 in the big one, not a bad ride from 1243.3 with five mini's, I took one big one here, we're over the wall before the opening, I'm taking the risk that we'll remain outside the wall, this is based on the fact that the NAZ looks very solid here too... let us pray...

If the spiral turns up here, then the spiral looks for a possible top at around 1290ish in about three weeks... we'll see...

GZ