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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (15887)2/18/1999 1:09:00 PM
From: Stoctrash  Read Replies (2) | Respond to of 44573
 
Thanks GZ.....
you forgot to add,
"10. Fred is rather bearish"
...LOL



To: GROUND ZERO™ who wrote (15887)2/18/1999 1:19:00 PM
From: yard_man  Read Replies (1) | Respond to of 44573
 
re 3: I've noticed that NLs keep growing into the "flatness" or slight bounce up ...

You take both of these as a bullish sign and I guess I understand.

Kind of the argument "everybody that has wanted to get out has and selling pressure is getting exhausted" Therefore we must go up! But it doesn't always happen this way, right? Is it as simple for you as waiting for lower lows to decide that "hey, maybe this is the start of something more ominous?"



To: GROUND ZERO™ who wrote (15887)2/18/1999 4:06:00 PM
From: nicewatch  Read Replies (1) | Respond to of 44573
 
Hi GZ, Nice trading today!!! I stayed flat today, but had I traded it would have been in the wrong direction... c'est la vie. I don't know how long this rally can last if the SPX and DOW try to lead it. The NDX still looks sick to me, BWDIK. I may be naive about this, but -unless there has been a sector rotation out of tech- I would like to see the NDX leading any rallies, as it has been the market general since October. Any thoughts are appreciated, talk to you later Regards, Frank