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Re: MKT - DOW



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Bob:

How do you calculate your support lines and your supertimer indicator?

  -  Stuart

>>> <BobRABCDEF@xxxxxxx> 07/29 1:23 AM >>>
Just wanted to repost this updated chart with Ben's Mkt Health Index(SuperT).
The scaling was incorrect on the weekend post.  8818 is still holding and
Ben's indicator has made the secondary reaction low, the "tweezer" effect
suggested on that post.  With the DOW holding support and the tweezer being
formed it sure looks like there is a more than a one day bounce immediatley
ahead.  It may not be much of one, yet it appears in the program. The Super T
still needs to turn up one more time to complete the legs for the mkt to stand
on.

BobR