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Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?


To: Chip Anderson who wrote (8172)3/26/1998 6:58:00 AM
From: Rick  Read Replies (1) | Respond to of 12039
 
What is a market top supposed to look like? Shouldn't there be a few days where volume is heavy without a lot of upward price progress? What about the momentum? Shouldn't this begin to wane BEFORE the market starts a reversal? I haven't seen either one of these yet. Based on your cycle analysis, shouldn't we be just beginning a strong bull phase? How do you see this market?

Rick



To: Chip Anderson who wrote (8172)3/26/1998 6:36:00 PM
From: Spots  Read Replies (1) | Respond to of 12039
 
>> OK people, pity party's over

Ah, Chip, wonderful post (and your later ones backing this
one up).

I tried to stir it up with an offer of my Red Skelton
immitation, but got no takers. You can attribute this
to lethargy or intelligence. I have my opinion (which
I will not reveal). But I, being a TA apprentice, learner,
and bather in the font of knowledge, but not yet myself
able to contribute except in a few mechanical details
(download techniques, etc.), was reluctant to stir up
the thread owing to the disappointing lack of response
to my initial offer of aforesaid immitation.

Stir up these hornets!

Regards,

Spots