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The "Appearance" Agenda
mtrace - Wed, 31 Dec 03 :
The work never stops really and what else to do in spare time... LOL!
Of course I was in (but no longer) esp on Nas 2000 historical close and trading things like a few of my old and new found favourites. Scepticism wasn't required, but at least it was rewarded in some places.. FTSE obviously broke out.
I'm slowly reducing trading frequency and moving into other bits apart from considering that portofolio 2004 thing.. more later I hope.
The only problem is Dow is entering overbought, Nas one is attempting to break out and diverging if I'm correct, and a lot of things I look on LSE and Nas heavyweights has a potential, and from memory looking at numbers of some targets, for a reverse cup and handle to develop if correction begins on historical end to the Saunta Clause rally on end of next week.
Major volatility on this light volume phase and some resistance is simply taken out, but, evidently, hard to trust. Only a few interesting charts out there on a bull side, unexpected places for sure.. but hey that's always the way it is..
Can't be a bull any longer, or at least until a decent correction is felt.. And my belief is that Euro\Dollar is hitting a serious range, too much too ignore for Europe. If Gold goes to 425 I'll even change the header.. LOL!
Happy New Year: survival theme ;)
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