Replies to post #592 on The Black Box

[TREND1]

you wrote
My simple minded two cents on candlestick. Looking at the daily of DJI it would appear that the white long candle of october served as support for wed March 12. That was according to theory. Ergo, I would conclude that march 12 was a major retest of october
Just an amateur opinion.
satorino


Question?
So what is your past record on these market calls ??

[wahz]

I hadn't noticed how similar the pattern was on the indu chart. If it turns out it was a retest, its gonna look obvious in retrospect.

Man, we keep coming to these crossroads, and I could argue that this is the most serious one yet. We are right up against that 50 week on the ndx(q's), and we have not closed above it the entire bear.( I believe that the bear started on 9/2/00. Just to irritate perma-bears, I will add that the "bubble" began the first week of november 1998, and not years before...excuse me while I duck).


http://stockcharts.com/def/servlet/SC.web?c=QQQ,uu[w,a]waclyyay[de][pb50!b21][vc60][iUp14,3,3!Li14,3...