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Re: lowtrade post# 1151

Tuesday, 04/19/2005 6:13:26 PM

Tuesday, April 19, 2005 6:13:26 PM

Post# of 44374
lowtrade,

i didn't move...just sitting(wiping the sweat off today after yesterday..lol)--i have been watching the dow jones utility average with its relationship to the industrial average very closely(of course)...will save that discussion for another board(maybe)--to all those pessimistic individuals...you will be sorry(imo)...watch the candles on the bollinger baby!!--very scary though..and my big bang may be wrong..and end up stalling and falling---watch those utilities!!--sorry, was getting carried away

here's what i see in the simplest of ways:



i got my third point today...so tomorrow....sweat--didn't think it would go below a quarter..all based on march 17th's open and close(i threw out the low of that day..didn't like the sample)--now, we have a "harami cross"--this is typically a strong reversal indicator(i like the "doji" to be more centered though..or closer to middle of preceding candle)--i am not giving it strong weight as a reversal..more like a stall(some call this a "petrifying pattern")--anyhow, i'm still sitting and waiting to do an intermediate on my .255 play..if not..put it in the hold tank..lol--tomorrow is a big day..one way or the other--best of luck to you!--sorry about that "old" falling resistance line..shouldn't be there

sinc,

bill

ps thanks again for the chart "thing"..hope it works..lol

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