4 replies to this topic

[maineman]

NYSI is finally getting recharged and is nearing its exhaustion point. The turn from here will be profitable on the upside. SMA 200 may or may not hold on any panic decline, but the zone will be an excellent place to begin accumulating intermediate positions. Trouble for the bulls would come on a negative cross of the EMA 10 below the EMA 55 and both below the SMA 200 that does not reverse back upwards quickly. Unlikely at this juncture.






mm

[arbman]

The hurst FLD shows a decline to 670 region according to the 20 wk cycle.

http://stockcharts.com/c-sc/sc?s=$OEX&p=D&yr=0&mn=6&dy=0&i=p35147352814&r=4088&.png

[traderpaul]

I guess we are very far from the expression of....."I woun't touch that pig with a ten foot pole!.....That is what my wife said on every market bottom.....She did not say those words yet.....Therefore no bottom.....

Edited by traderpaul, 01 August 2007 - 01:50 AM.

[relax]

maybe you have provided so well for your wife lately that she simply can't be negative using women as an indicator can be great sometimes and other times well they are as unpredictable as anything a bit like fractals ;-)

[skyymaster]

I guess we are very far from the expression of....."I woun't touch that pig with a ten foot pole!.....That is what my wife said on every market bottom.....She did not say those words yet.....Therefore no bottom.....

Ha, please let us know when she says that, Paul