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Replies to #14162 on The Black Box
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mjk

03/10/04 9:03 PM

#14165 RE: wahz #14162

"oh at least I can say that there is MUCH past history of a turn in between the 100 and 200. "

Well that's good to hear...and yeah, I see some of that. I've liked this 1955-1965 area as a downside target, but didn't necessarily think we needed it yet, maybe that's my mistake. After looking at a few things here, I can see I should have expected it. I had another spot, near that 1991 area (and the 100 day), that I've been thinking we could bounce from to marginal new highs, then come back to a slightly new low at that 1965...basically just get it later, maybe months. But it really looks like I should have expected it now. Even from the '93 thing, it looks like this should have happened, I'm just paying too much attention to the 100 day I think. Anyway, I still think we get a good bounce right here...let's just see how (or if) it develops.


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Fletch

03/10/04 10:15 PM

#14167 RE: wahz #14162

Some think we are still in a bull.....Hot hands are bullish
http://cbs.marketwatch.com/news/story.asp?guid={845D4009-9B10-4B80-9B38-B47F0163EFA3}&siteid=mkt....
Lots of bearish news to "flush" out the weak,
Fletch
Brinker still invested........I don't want to see the 200 day anytime soon....LOTS of Selling ng..