greetings,
a very interesting occurence friday. ALL of the proprietary psychological indicators that i use to clarify trend have turned POSITIVE. it is the first time in 34 months that this has occured in ALL the indicators. this is certainly not a guarantee of continued upside in the major indexes, but it is a definative positive for the bulls. we are entering monday long the nasdaq, dow and AOL. this is our longer term buy/hold system trades. i do take day trade positions counter to the system based on technical/fundamental factors--however, these 'day trades" are closed by the NYSE close daily. feel free to join us in the chat room here at elite, i try to post the day trades and set ups in real time.
best,
surf