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8/21/98
>RTs:
>
>Looking for rally in S&P, followed by significant downmove. Will watch
DJIA >and Trans. Index for continued confirmation of bear. We've made a
significant >20 period low for the third time without breaking support and
a move above >1090 (SPU8) is short term bullish. After that will wait for
highs to be put in >for short opportunity. If new highs, that changes outlook.
>PG
RTs:
We broke 1090 (barely!) and I'm expecting some more rallying after a short
term basing period. We could see a "triple wave" climax with this next
rally (like the Street Smarts 3 Little Indians.) I'm looking at a 5 min
chart. Then... let's hope for a nice BIG dump!
PG
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