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


To: adad69 who wrote (11311)5/5/2006 10:04:40 AM
From: GROUND ZERO™  Respond to of 12411
 
We reversed to the long side last night, but I'm not going to post any trades on this thread any further, if anyone wants to know what my spiral trade position is at any moment, they can send me a PM and I will respond individually...

GZ



To: adad69 who wrote (11311)5/5/2006 2:04:09 PM
From: Real Man  Read Replies (2) | Respond to of 12411
 
It's very long-term overbought
canprice.com
BB shows also the move has been in excess of 2 deviations on
the monthly charts. Monthly stochastics for all 3 indices
is at 100, which only occured at major market tops.
(I mean, at least 2-3 months move down -g-)
Such moves usually reverse.