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Re: Train Guy post# 216308

Thursday, 03/11/2004 8:10:23 AM

Thursday, March 11, 2004 8:10:23 AM

Post# of 704047
>> Tell all these sellers to go away <<

Here's the scary part (and I'm not saying it will happen), but we haven't seen any selling...

Imagaine that, a 5% correction in the futures in 4 days, yet "stock" selling hasn't been that extreme, although the trin hit some key levels, it wasn't until yesterday afternoon we had our first little taste of some selling on volume...

Look at the run from November through January...

http://stockcharts.com/def/servlet/SC.web?c=$spx,uu[r,a]daclyyay[pb7!b25!b50!b100!b150!b200][vc60][i...

Now ask youself, if we didn't pause on the way up, why would we have to pause on the way down???

Crashes come from extreme levels and the mid-term technical indicators (30min and 60min) are all screaming for a bounce...

Will they get it, or will the longer term indicators (dailies and weeklies) start to scream the same tune???...

This is a great gap play set up to start the day, but where we close is still a mystery...

Stay tuned...








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