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

To: Shack who wrote (124059)	9/14/2005 7:27:41 PM
From: skinowski	Read Replies (1) \| Respond to of 209892

I think - I can think all I want, right? - that the weekly ED's are the dominant pattern, unless proven otherwise. I think they are real, with all those bearish momo divergences on the indicators. I think that the seasonal (and 4 year cycle) bearish influences will find a way of asserting themselves. The cyclical Bull is getting old. The public psychology, in general, suggests that the Bear has left lots of unfinished business.... (was there a bear at all, btw?). So, I am not bullish. If the low of August 30 gets taken out, that will be seen by many as a sell signal. The 144 and 200 dma's are not much lower (spx). ....It's fine and dandy to think big, and we should, but our main game is to play well one pattern at the time.... -g