Re: [RT] Whats next

["Jim White" <jwhite43@xxxxxxxxxxxx>]

All stock indices gave bearish sell signals today. Six DOW stocks (AA,AXP,GE,MMM,PFE,UTX) and a large number of NDX 100 stocks also gave sell signals. All sell signals from yesterday were rewarded with profits today and surprisingly the two stocks with buy signals also had good profits. A good day of trading.

It could get rocky tomorrow and Monday so be careful.

 

Regards,

Jim White

Pivot Research & Trading Co.

----- Original Message -----

From: Jim White

To: realtraders@xxxxxxxxxxxxxxx

Sent: Wednesday, August 22, 2007 10:37 AM

Subject: [RT] Whats next

All indices put in a low pivot on 8/17 and have had four days of up movement. All indices are at price levels for a bearish reversal and are entering Near Impulse windows for a trend change. The most likely scenario is for a high pivot between Thursday and Monday and another leg down. The weekly and monthly charts still indicate the bear to continue.

 

Regards,

Jim White

Pivot Research & Trading Co.

 

 

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