To: smolejv@gmx.net who wrote (52428 ) 9/12/1998 9:03:00 PM From: MonsieurGonzo Read Replies (2) | Respond to of 58727
DJ; RE:" Chaos Predictor " uh-oh! professor - your "chaos predictor " model was supposed to be our secret ! (^_^) Now everybody will want to be on your private E*MAIL list {sigh} this thread is chock-full of savvy traders. ...regarding (the question you asked me about) Friday's candlestick (on the DJIA-30) it represents a "piercing" of Thursday's (mid-point is the criteria there) as well as a fibonacci retracement from Thursday's low ; but then - you knew that already {grin} Quite different, however - on the OEX/SPX.X and NDX.X, where Friday represents more of an "engulfing" of Thursday's candlestick: Sum Thursday and Friday's daily Candlesticks Together , DJ - and consider that resulting sentiment : resembling a red-top hammer on the DJIA-30; a powerful-looking, near-doji hammer on the OEX/SPX. The NDX.X-100 at first appears very bullish, but its weekly candle is kinda hangin' there at ~1300. I would like to re-iterate here that the OEX.X-100 and NDX.X-100 major market indices would be better objects for us (all) to work with, rather than the DJIA-30 benchmark. I am trying to seduce our guru extra-ordinaire Monsieur Sew to dump Miz Dowdy and pick up these two grrrlz instead; and perhaps, if there are any other index-traders here who would second the motion, Don would be inspired to do so. The TOP.X - EuroTop 100 Index looks like it wants to make some kind of star or "abandonded baby"; The ADR.X - International Market Index candlestick for Friday looks like a little hammer . But if the USD recovers some ground lost to the DEM and Yen, it would diminish the USD value appreciation of ADRs somewhat (while deflating some GOLD and commodities) just as the tanking USD really amplified EuroADRs (and GOLD, and oil, etc) last Tuesday. These indices are more relevant to you and me, DJ - most folks on this thread are into domestic US TechStox. What do you (and Doktor Kaos ) have to say about the DAX Borse ? MadameGonzo playin' Katchaturian again - gonna be one of those weekends :-/ -Steve