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Re: Justa Werkenstiff post# 30445

Wednesday, 07/21/2004 7:14:58 PM

Wednesday, July 21, 2004 7:14:58 PM

Post# of 148479
Market: Short term indocators are back to being bullish after an about face. Bears are back in force. Not extreme or pissy (equivalent of frothy for bears) but a few more days could cure that.

Looks like VXO wants to spike up. Time for some capitulation.

Weekly charts are solidly on a buy for all of the averages (Ndx, Sox, Spx, Wlsh, Rut 2000). So, this should be over in a week. We just need some more fear. Good start today.

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