After caefull valuation tomorrow we
make already a higher LOW on nasdaq and sp500,
the attach chart shows my long term
trading,
the blue line is market momentum
plus rate of changs,
the lower line is an intermidiate place to reverse
short to long,
(10-20 buss days)
in addition p/c on qqqq on ndx and
spx reach 3/1
and Total index p/c reach 1.9
this the making of a bottom
1205-1210 is objective by
3/2-3/4
be careful
Ben
----- Original Message -----
Sent: Wednesday, February 23, 2005 7:09
PM
Subject: Re: [RT] One horse race
Hmmmmmmmm. Which means NASDAQ will lead the next bull
rally. So the plan will be to average down
the Q's for core holdings
then add the new leaders.
Sounds like a plan!
dom
Ben
wrote:
Also
more new lows then new highs on the
NASDAQ
plus
NASDAQ under perform of sp500
more down to come
(not
much)
we are closer to bottom on NASDAQ then sp500
Ben
-----
Original Message -----
From: "Kevin Bantz" <kevinbantz@xxxxxxx>
To:
"longwave" <longwaves@xxxxxxxxxxxxx>;
<lwside1@xxxxxxxxxxxxxxx>
Cc:
<realtraders@xxxxxxxxxxxxxxx>
Sent:
Wednesday, February 23, 2005 3:25 PM
Subject: [RT] One horse
race
>
> Domestically
>
> five of six
indexes failed to make new
highs
>
>
>
>
>
> Yahoo! Groups
Links
>
>
>
>
>
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
>
>
>
Internationally:
>
> Global Rollover in the
offing
>
>
--------------------------------------------------------------------------------
--------------------------------------------------------------------------------
>
>
>
Charts--->http://kevinbantz.com/
>
--------------------------------------------------------------------------------
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