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The sentiment readings are very bullish .. Until the bear percentages come
way off, it's going to be hard to sustain a down move. Not to mention
funds are having a tough time explaining to customers why their money
wasn't working recently. For myself, I don't care which way it goes as
long as it goes ... just an observation.
Good luck tomorrow all,
Bob
At 01:32 PM 3/5/2002 -0800, you wrote:
>I agree with your call for the S&P. The DJIA signaled weakness yesterday
>and confirmed a down move at 10:25 EST today. The S&P followed with a
>reversal signal at 3:05 EST. The NASDAQ held today with no reversal
>signaled, however, my pre-indicator signaled weakness in the NDX 100 and I
>expect a down move tomorrow.
>Jim White
>----- Original Message -----
>From: <mailto:profitok@xxxxxxxxxxxxx>profitok
>To: <mailto:realtraders@xxxxxxxxxxxxxxx>realtraders@xxxxxxxxxxxxxxx
>Cc: <mailto:gannsghost@xxxxxxxxxxxxxxx>gannsghost@xxxxxxxxxxxxxxx ;
><mailto:panda22@xxxxxxxxx>Victor Wadel
>Sent: Monday, March 04, 2002 4:34 PM
>Subject: [RT] sp500/nasdaq
>
>Hello and good evening
>tomorrow is the top for the sp500 but NOT for NASDAQ
>I got my sell on the sp in the Vince indicator
>the p/c very bearish
>we had a volume reversal
>volume momentum is showing institution sold into today rally
>target for sp500 1129.33 in 1-4 days
>see fib target from gif
>
>
>
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