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bob3

07/29/08 6:14 PM

#30738 RE: chichi2 #30736

Agree Fed does whatever it needs

note 1day foward 20b, saved the mrkt after yesterdays brutal action...l was in DIA puts [felt safe] had to quick reverse.

now lets see how much paint they use for EOM...
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chichi2

07/30/08 7:06 PM

#30762 RE: chichi2 #30736

McClellan Oscillator and Summation Charts by Chichi2**

BRAVO->Major Moves for:

General Indices__INDU,SPX,OEX,XII,WLSH,NDA
Key Sectors__BKX,SOX,OIX,OSX, HUI,XAU,GDX,GOLD, XLI,XLB,XLE,XLU,XLF

This in the Face of Crude Oil recovery from its brief exposure to $121, and had a Face Off with the General Mrkt Indices.

And in Conclusion

Alert was made by Nasdaq MCO smallchg at Close today, so there is a tendency for MajorMoves on Thursday or Friday. (Unless there is another MCO smallchg move on Thursday.) This signal does not give direction with it.

The success rate of these signals YTD 2008 is perfect.

Note:
There is ample room in the MCO areas for both
Nasdaq and NYSE for direction to be Up or Dn.


MCO small changes are circled on my charts.
Summation charts also included. Also Decision Pt charts.
Click here for several McClellan Oscillator and Summation Charts

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