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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: ViperChick Secret Agent 006.9 who wrote (30991)12/11/1997 3:51:00 PM
From: Kevin  Read Replies (1) | Respond to of 58727
 
>>>Yes it is helpful to understand what basis your comments are coming from...and to differentiate them just as Nemer does his<<<

Being that most of my posts recently revolve around my index trading system, I think that it is very important to inform everyone each time I am referring to something else, ESPECIALLY since I'm using the same terminology...BEAR Trend and BULL Trend.

I cause enough confusion with my ramblings, so I don't want to cause any more.

As far as when we'll break out of the bear trend, I don't believe it will happen soon unless we have 3 up days in a row (Friday, Monday, & Tuesday) with teh SPX near the high 970s. Without a scenario like that, I believe this 'longer term' bear trend may stay intact through next week. JMO.

The index selling off into the close right now isn't much help either. At this rate we will open already in a bear trend based off of my index trading system. I think I need to name these system because I know I'm gonna confuse alot of people...