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


To: Haim R. Branisteanu who wrote (36156)1/7/1999 8:26:00 PM
From: bobby beara  Read Replies (2) | Respond to of 94695
 
Haim, XAU looking very nice here, broke thru 68 resistance and now it would be nice to have a corrective pattern and find 68 as support.

OSX looks very spiffy too.

The CRB needs to take out 200 to break downtrend line. Furst time in over a year for crb to take out previous support.

There are a lot of similarities in the chart patterns and the internals of the XAU between now and the 1986 bottom (which was also a 6 year cycle bottom in the CRB)

Some cycle work I follow called for a bottom in early to mid January, but maybe December did the deed.

Gettin older an nutzier by the day!

Go NUTZ! Trade Naked with Velcro! ~~~~~ __+__ ~~~~~



To: Haim R. Branisteanu who wrote (36156)1/7/1999 8:42:00 PM
From: bobby beara  Read Replies (1) | Respond to of 94695
 
decisionpoint.com
(this is 1/6 commentary!)TODAY'S MARKET COMMENTS: It was another big day for OEX put volume as bears were driven out in droves. The resulting PVI BUY Signal is not the same as one we would get with a selling climax at a major bottom. Today represents the capitulation of the bears

Long Bond is threatening uptrendline, is this a buying opp is the 10/8 top a major reversal top in the Bonds?????

I think we should have a tradeable top on close Friday. Go NuTZ, trade with velcro overalls.

bb