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Re: steviee post# 321428

Thursday, 11/11/2004 8:46:54 PM

Thursday, November 11, 2004 8:46:54 PM

Post# of 704019
Lunacy is right, I probably will have a sell signal sometime tomorrow (namely more than 100 Naz points drop), not a bear market yet (still have a run to 2275 or so by late January) but a solid retrenchment to the 1940/1960, which from the day's high tomorrow will be more than 100 Naz points. It seems as if the cycle date I had of 11/12 was a high rather than a low. It happens with cycles. My next turn point is too broad (I have from the 23 to the 29th as a turn which includes Thanksgiving, seasonally, the day before Thanksgiving is a good buying point) so that may not be too useful. I will probably end tomorrow with around 50% cash or maybe even higher from a going to sleep level of 42%. Those still in Hans, note that the RSI is getting above 70%, an area from which HANS often take a sharp turn down. HAUP seems to be ready to break out as well, $5 is the buy signal there.



AZH

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