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was Steve

04/20/03 9:59 PM

#1765 RE: was Steve #1764

Don Sew's latest. Probably most significant is the class 1 buy on the Tsunami or Capitulaion indicator. If i remember correctly it means the top has up to one week to be in so that would be this friday. it looks for a 10-18% pullback in the NDX.
steve


Market Swing Discussion: Don Sew's Chat Room Notes and Recaps
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Posted by Nikko_thyme on Sunday, April 20, 2003 - 9:16 pm:

Chat Notes: Sun 4/20/03 8:00 PM

Weekly Signals :

SPX,OEX,NAZ : OVERBOUGHT

RUT : CLASS 2 SELL

SOX : UPPER MIDRANGE/OVERBOUGHT

USD,GOLD : LOWER MIDRANGE/OVERSOLD

VIX,VXN : BORDERLINE CLASS 1 BUY

Daily Signals :

SPX,OEX,SOX : OVERBOUGHT/CLASS 2 SELL

NAZ, NDX, RUT : CLASS 2 SELL

GOLD : UPPER MIDRANGE

USD : LOWER MIDRANGE w/ a Bearish Thrusting Pattern

VIX : Borderline CLASS 1 BUY

VXN : Borderline CLASS 2 BUY

CAPITULATION INDICATOR : CLASS 1 BUY

The Tsunami had a closing CLASS 1 BUY signal on Friday.

The NAZ, NDX could reach the CLASS 1 SELL area tomorrow depending on
how the market moves.

Donald is currently holding a 58% short position. He plans on adding
additional 5-10% size short positions if the market closes higher in
the days ahead.


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augieboo

04/21/03 2:48 PM

#1791 RE: was Steve #1764

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