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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: bdog who wrote (24219)	12/12/1998 4:04:00 AM
From: Doug R	Read Replies (3) \| Respond to of 79270

Bornedog, (borne: past participle of BEAR) Short everything. If your mother is taller than 5'6"...short yer mom. The technical picture of the Dow turned a corner on Friday. For those of you with SMI, put these parameters on one pane; 8, 21, 13 13, 25, 2 5, 3, 5 4, 2, 3 3, 2, 1 2, 1, 2 see that head and shoulders in the shorter ones there? Look at these stochastics...144, 13, 8 55, 13, 21 89. 3. 5 13, 8, 8 39, 3, 26 7, 3, 10 21, 13, 13 I could go on.... Check out the 13 dRSI Draw a trend line on the 55 dRSI from 8/31/98 to 10/8/98 Note how sloppy the 89 dMA/MLR precrossover tracking is. There's a bunch of other stuff that looks REALLY bad too. This market is slamming on the brakes. Doug R