News Focus
News Focus
icon url

otraque

09/12/04 12:09 PM

#294199 RE: Zeev Hed #294192

Nasi level of spread between present level and the 20ema is now 299 points above 20ema---this is a maxed out spread in imo.
That top is at hand---like your 1950.
Only caution is all goes askew if we sell hard beginning of week .
Only shallow reason i cast forth for such a caution is the NASI spread of virtually 300 is really pressing the envelope.
icon url

Dances-W-waves

09/12/04 1:01 PM

#294202 RE: Zeev Hed #294192

You?? Thinking of a short?? What's up with that?

Oscillators can stay overbought for a long time. I think there is the possibility for this run to continue for another month.

I'm not bettin on it though.........

....which is why it probably will.<g>

:o)