Re: [RT] market outlook

["ChasW" <southocean@xxxxxxxxxx>]

esu apears to be trading btween 1224 and 1248

currently downtrend

 

i'm watching to see if it breaks either one while trading against them

 

MO (rsi) is down for some time now

----- Original Message -----

From: EAdamy

To: realtraders@xxxxxxxxxxxxxxx

Sent: Thursday, August 11, 2005 11:41 AM

Subject: Re: [RT] market outlook

There are lots of ways to play the markets. In my case, the NYSE and NASDAQ breadth models are still showing large bearish divergences and a complete breakdown from highs so the models suggest short trades have best odds of succeeding. I am still hopping for higher highs for better short opportunities but not counting on it.

 

Earl

 

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