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To: Moominoid who wrote (125220)10/19/2005 6:03:34 PM
From: Galirayo  Read Replies (2) | Respond to of 209892
 
[Short Now ??] Well .. Let me share this with you.

I was watchin the NDX on the 200dma today ... and it did a fast recovery.

Robb posted a chart this morning which I'll borrow to show you for your thoughts.

stockcharts.com[w,a]dhcayiay[dd][pb50!b200!b20!f][vc60][iub14!la12,26,9!lp14,3,3][J58875598,Y]&pref=G

I have a Engulfing White Closing Bozu with converging Aroons and an MACD Trigger for your perusal also.

stockcharts.com



To: Moominoid who wrote (125220)10/19/2005 6:47:00 PM
From: venividivici  Read Replies (1) | Respond to of 209892
 
For all intents and purposes, we have the same count. The main reason I didn't short at the end of the day was because we didn't get any sort of reversal bars. That's fine. I'm sure there will be some sort of reversal tomorrow, which I will short.

One thing that's got me a bit worried about the bearish case is these strong closes we're having on up days. Still, that can turn on a dime.


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