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Re: None

Wednesday, 05/07/2003 2:36:25 PM

Wednesday, May 07, 2003 2:36:25 PM

Post# of 69
LDkeynote: WARNING ! WARNING ! WARNING !
Good chance of a major sell signal today.
If, so the sell will be at next day's open.

Let's take a look at things:
(1)$BPCOMPQ is way over 45, so any turn will generate the sell signal.
(2) The following Indexes traded above the Dec 2002 high:
$COMPQ
$NDX
QQQ
(3) The following Indexes have NOT traded above the Dec 2002 high:
$NYA
$TMW (Wilshire 5000 on Esignal)
$INDU
$SPX
$SOX
SMH

Translation:
Market has gone right up to the cutting edge.IMHO.


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