Zeev's Turnips Patch-No Politics (ZEEV)

[Fred Langford]

Don Sew's Chat Notes


------------------------------------------------------------
Market Swing Discussion: Chat Room Notes and Recaps
------------------------------------------------------------

Posted by Lee_lichterman on Sunday, October 20, 2002 - 8:40 pm:

nikko_thyme: Chat Notes: 10/20 8:00 PM

Daily Signals:

DOW : Borderline CLASS 1 SELL

SOX, SPX, OEX, NAZ, NDX : CLASS 2 SELL

USD : CLASS 2 SELL/Shooting Star

RUT : Borderline CLASS 1 SELL/Shooting Star, had an inter-day CLASS 1
SELL

GOLD has formed a Morning Star.

The Capitulation Indicator had a 4.18 reading, and is in the CLASS 2
BUY area, and could turn up at any time which would be bearish for the
market.

Donald has a slightly larger than full short position (31% as of
Friday). If his signals reach the CLASS 1 SELL area on a closing basis
, which are not far away, he will add to his short position. Donald is
not predicting if a lower low will be set or not, and will be watching
for clues as time moves on