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941 SPX is .786 of range 768-1576


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#1 deacon

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Posted 29 October 2008 - 10:31 AM

the grails(20ema touch with adx above 30) haven't worked as well as the they did in the raschke/connors glory days, so i usually watch to see if one works first...SPX and QQQQ 20 demas will come in further above

looks bad with the bear stuff VIX GS MS, but of course that can change as it did yesterday afternoon

traditional mcclellan OSC could try green again if they ramp the a/d

i had mentioned a new moon turn in crude oil and precious metals at this blog, working so far
http://carolan.org/

#2 deacon

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Posted 29 October 2008 - 03:21 PM

i should have had the yen on my list of bad things, futures JY going up or on forex when USD/JPY is going down
http://www.netdania..../QuoteList.aspx

VIX closed poorly for the bulls, traditional mcclellan osc does get a green

the daily chart grail on the dow worked right away about 1:30pm et for over -225, this let us know the grails are in play, then the mother of all holy grail sales almost to the tick on QQQQ 33.05 to below 31.90 and counting thus far

grail sales are above on the weekly index charts as well, with weekly adx well over 40

daily chart grail sales will show up on the commodities on their bounce, and a grail buy on the us dollar, as these trends have been exceedingly strong