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THE GRINCH WHO STOLE CHRISTMAS
theape - Fri, 27 Dec 02 :
just done all me charts. can't be bothered to post them at this time of night.
PSAR ( parabolic stop & reversal) indicator has just switched to a BUY signal today on
Nasdaq, SPX, DJIA.
BLT ( industrial growth) looks bullish.
BP. looks toppy
gold looks toppy.
so on my charts its perhaps a bit bullish.
SPX also has its 10d. 50d, 150d ma's all very tightly bunched.
looks like we have the potential for a dramatic move coming up. might be up, down, or one after the other very quickly.
but here are some charts that look topped out as we are shorters.
QED
PLL
ANTO
CAT
SPX ( Spirax Sarco)
some charts that may be about to break
GNK
HEAD
and a bullish one MFW. nice volume for Christmas eve- perhaps the worm has turned.
nite all
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