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Justa Werkenstiff

12/29/05 11:05 AM

#68069 RE: ajtj99 #68068

AJ: Looks like sideways consolidation to me on the SPX 60 minute or at best a weak bear flag. MACD on 60 minute is showing positive divergence. Bears are running out of time.


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sandeeps

12/29/05 11:06 AM

#68070 RE: ajtj99 #68068

AJ, your plan calls for a steady up today, remember? Where can I pick up my pony? :-)
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Patrick Bateman

12/29/05 11:48 AM

#68073 RE: ajtj99 #68068

How many times are you gonna change your opinion on what's next?

Seriously...you've managed to be wrong like 7 times in the last three or so trading days.

Ahhh, it's good to be back!
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ajtj99

12/29/05 3:14 PM

#68108 RE: ajtj99 #68068

Bear Flags are breaking down finally. Targets on the OEX and SPX are linked to this post. Here's an OEX 60-minute chart:

http://stockcharts.com/def/servlet/SC.web?c=$oex,uu[e,a]eaclyiay[pc9!c13!c20!d20,2!c50!c200!b50!b200...