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Rich1

05/27/04 7:15 AM

#26191 RE: Justa Werkenstiff #26190

That doesnt sound too good..Are they in denial??? <gg>

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M3

05/27/04 9:09 AM

#26208 RE: Justa Werkenstiff #26190

I was surprised John turned so rabidly bullish last night and this morning. I figured I'd try it for a month. Interesting.

There is still a bear case, and probably my favored based on some other indicators until we take out 1478 FIB. The falling resistance will converge there 6/1 if they want to make it easy.


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Justa Werkenstiff

05/27/04 9:47 AM

#26215 RE: Justa Werkenstiff #26190

Market: Price sell signals at the open all across the board. Does not mean we can't go higher or retreat and come back to highs later in day. Could also reverse here. But if we close at the highs, sells hit everywhere. Short term sentiment indicators are not all in. The ones that are in are extreme.