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


To: Death Sphincter who wrote (37974)3/5/1999 2:55:00 PM
From: donald sew  Read Replies (3) | Respond to of 94695
 
Carl,

I think one of the KEYs to this upswing is the NEW HIGHs/LOWs which has improved quicly, and if it continues to improve I have to turn bullish for the mid-term(30 days).

Now if the NEW HIGHs/LOWs weaken again easily then the market is comingdown.

I am getting sell signals and suspect a top MON/TUE and some sort of pullback there after. If that short-term pullback is weak we could head up further.

On the negative side the momemtum leaders, the HiTECHs and INTERNUTs are now whimpering, so the big boys could just be moving their money around.

seeya



To: Death Sphincter who wrote (37974)3/5/1999 2:57:00 PM
From: Death Sphincter  Respond to of 94695
 
well here's the setup for the run up in the last hour....let's see how much oomph there is...zigzaggy diagonal up is not really what the bulls want....they need an explosion