|
PureBytes Links
Trading Reference Links
|
Am attaching two charts using Clyde's adaptive stoch indicator on the D/W/M
time frames. Seems that the tech bust is almost finished and as Earl had
suggested a while back the "REAL" economy stocks in the DJI are the ones in
serious trouble now.
Rakesh
At 09:34 AM 10/28/01 -0800, you wrote:
>Hi All,
>
>IMHO, speaking only to the NDX, the bears are quietly, slowly
>being squeezed hard. Unless some serious exogenous (external)
>event occurs they seem about to have their heads handed to
>them. Anthrax news has not been even nearly strong enough to
>stop this. 5 min NASDAQ adv/decl volume bars have been clearly
>bullish for a couple weeks. Additional support comes from the
>bears quietly changing their retest the lows in October
>prognostications to retest the lows in November/December. I'm not
>saying the long term downtrend has changed, nothing's different,
>bearishness seems justified.
>
>But, unless I had a solidly profitable short position or just
>went short in the last few days with a close stop, I would be
>losing sleep now.
>
>Maybe I'm wrong. This market has shown the absolute minimum of
>bullishness possible every step of the way this year. But that's
>the beauty of day trading NDX futures. It means never having to
>care which way the market goes so long as it moves 8-).
>
>regards,
>
>tbr
>
>_________________________________________________________
>Do You Yahoo!?
>Get your free @yahoo.com address at http://mail.yahoo.com
>
>
>
>To unsubscribe from this group, send an email to:
>realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
>Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
------------------------ Yahoo! Groups Sponsor ---------------------~-->
Protect your servers with 128-bit SSL encryption! Grab your copy of VeriSign's FREE guide: "Securing Your Website for business" Get it Now!
http://us.click.yahoo.com/M.WTOC/m1FDAA/cosFAA/zMEolB/TM
---------------------------------------------------------------------~->
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
Attachment:
Description: "DWM_DJI30_Adptv Stoch.gif"
Attachment:
Description: "DWM_Compx_Adptv Stoch.gif"
|