Re: [amibroker] Subject: Nikkei gives a wedgie :) (esp for DT)

["wavemechanic" <wd78@xxxxxxxxxxxx>]

<BLOCKQUOTE 
>
  ----- Original Message ----- 
  <DIV 
  >From: 
  Yuki 
  Taga 
  To: <A title=amibroker@xxxxxxxxxxxxxxx 
  href="">Dimitris Tsokakis 
  Sent: Wednesday, February 04, 2004 8:26 
  AM
  Subject: Re: [amibroker] Subject: Nikkei 
  gives a wedgie :) (esp for DT)
  
  Hi Dimitris,Wednesday, February 4, 2004, 10:06:53 PM, you 
  wrote:DT> Yuki, this is the suppotrt/resistance lines [percentage 
  regularDT> 3%] The support is still defined by the Nov19+Dec10 Lows and 
  theDT> resistance slope is still greater.  This fact makes the 
  ascendingDT> wedge impossible. Nobody likes the last red candle. Now 
  10,800DT> will be a resistance level, the market stopped there 
  8DT> bars[ascending] and 3 bars[descending] The Nikkei timing is 
  stillDT> Short for 3 more bars. An Inspection point is ciming in 2 
  bars.DT> [25/28 will be probably the topEquity again]. I hope you 
  agreeDT> now that Jan20 was the main Peak of the new year. We still 
  searchDT> for the main trough to define he timing for 2004. The 
  buyersDT> "delay" is now important... Dimitris TsokakisNo doubt 
  about it DT.  Jan. 20 was the first peak for this year.  Ithink 
  if we get even up to 10,800 in the near term that will be quitean 
  accomplishment.  Although if we have nothing else over here, wehave 
  velocity.  ^_^  We have a nasty triple top in place now 
  atroughly 11,200.
   
  And broke the May 
  trendline.
   
    That can be overcome of course, but it's likely totake some 
  time.  It looks to me like we have to test 10,000 again onthe 
  downside before we can attack that top.  There are still way toomany 
  margined longs over here.  Way too many.  Now their feet 
  aregoing to be held to the fire.  Why do they call it a 'bull' 
  marketwhen all the players act like sheep?  
  ^_-YukiSend BUG REPORTS to <A 
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