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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (14003)2/10/1998 10:27:00 AM
From: Joan Osland Graffius  Read Replies (1) | Respond to of 94695
 
Hi GZ, >>The NAZDAQ is quickly approaching the midline of the pitchfork

Which hi low on the NASDAQ are you using for this midline. The one early in January or the one in late January?

I have been looking at the one late in January and we certainly have been climbing this midline.

Joan



To: GROUND ZERO™ who wrote (14003)2/10/1998 12:09:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 94695
 
Hello GZ
If the market stays up here for the close...we have broken that extended triple top.
At noon the market is close to 8291 + 111...

I think the stage is being set for an upward push.

If the Nazdaq crosses the midline on the pichfork...and stays there you would want to
wait for it to recross that line before opening a short...?
Right..isn't a broken triple top bullish for the near term..?
Chip


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