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Strategies & Market Trends : Charts & Scans -- Ignore unavailable to you. Want to Upgrade?


To: Jeff Jordan who wrote (4726)5/30/2006 1:00:47 PM
From: robert b furman  Read Replies (1) | Respond to of 5125
 
Hi Jeff,

Still plenty of time for anemic poip and a retest with minor violation of new lows.

If all that happens and we've hung around the 200 dma on most indexes (Naz being the weakest),We could well be putting in an intermediate bottom.

Once Q2 confirms the global expansion is going well with an increse in our manufacturing exports (with our cheap Dollar).

We could have a nice continuation only as long a s commodities don't hit new highs.

Bob



To: Jeff Jordan who wrote (4726)5/31/2006 4:59:16 PM
From: Jeff Jordan  Respond to of 5125
 
Today's candles...I think I'm going fishing tomorrow instead of Friday?




To: Jeff Jordan who wrote (4726)6/7/2006 7:03:09 AM
From: Jeff Jordan  Read Replies (2) | Respond to of 5125
 
....correction not done yet? We have a few more weeks before another FED is done rally? Will the market like another .50 basis pts hike and done statement?<g> LOL, the FED is never done! 200MA test is imminent.