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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: set who wrote (3568)9/24/1998 6:05:00 PM
From: bobby beara  Read Replies (1) | Respond to of 5676
 
Shahar, I think I've been hoodwinked by the bull -gggg-

BULL TRAP??!!??

Help me I need big medication!

The SPX landed square on the 200 day moving average yesterday, the 50 is about to cross the 200.

Although on an intraday basis we closed well inside the previous uppertrading range, on a closing basis we closed only a couple of points inside it.

This kind of sharp reversal off the 200 and the condition of the $USD and treasury charts has got me back on the bear side.

You can't ignore the inability of CCI, MER and other financials to rally on this deeply oversold condition.

KO is having a meeting with analysts tomorrow. Think it will be good knews???

bb