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#1 airedale88

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Posted 26 February 2007 - 01:41 AM

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airedale

Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".

Ring-Ouzel, England

#2 bobalou

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Posted 26 February 2007 - 07:26 AM

I'm looking for an up week this wk. lower the next.I'm only day trading..how are you playing, thx.

#3 airedale88

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Posted 26 February 2007 - 07:55 AM

still holding longs, expecting we can move to price projections posted a few days back.
airedale

Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".

Ring-Ouzel, England

#4 airedale88

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Posted 26 February 2007 - 03:05 PM

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SPX has already met it's nominal 2.5 wk cycle downside projection. that cycle has been running 12 days +/- a day over the last many samples. ideally that would mean wednesday. i think a good chance it runs short and bottoms end of today or tomorrow.

Posted Image
airedale

Outspeaks the Squire, "Give room, I pray,
And hie the terriers in;
The warriors of the fight are they,
And every fight they win".

Ring-Ouzel, England

#5 Echo

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Posted 26 February 2007 - 09:15 PM

Sounds good, aire. Mid-day today would be a bit on the short side for a 2.5wk low, so I think we should at least get a retest of the lows, if not a bit lower before we bounce tomorrow or less likely Wed. The Dow and Oex mcclellan oscil are quite oversold and a small point change on the dow today. The volume mclel osc's seem to have bottomed Fri. The spx osc made a lower low today than the mid Feb low which has to be respected, but there appears to be non-confirmation by its volume osc. All in all, we have to give the long side its chance after tomorrow. Let's see what she's got before peaking and dropping into the 20wk lows. Best, Echo