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:: Thursday, June 27, 2002 ::

4:17 PM
NICE DAY - ALL THE INTRADAY CHARTS SAW HIGHER HIGHS AND HIGHER LOWS

:: Henry Ford ::

2:57 PM
YOU CAN SEE THE NEXT TARGET

:: Henry Ford ::

2:41 PM

WE'VE HIT THE TRENDLINE

Now the test to see if we fall victim to the 3 O'Clock balloon or if this is the launch.
:: Henry Ford ::

1:17 PM

978 looks like the number to hit here
:: Henry Ford ::

12:29 PM
LOOKS LIKE A TRIANGLE BREAKOUT FORMING

Up or Down?..Have to wait and see, but my guess would be up.
:: Henry Ford ::

11:12 AM
GAPS CLOSED ON ALL HOURLY CHARTS NOW

:: Henry Ford ::

10:24 AM
GAINS FROM OPEN

69% Positive Industries...better than it looks considering the gap up this morning.
NAZ is 49% up from the open...sort of treading water but beginning to improve
DOW 58% up from the open
Here are the NAZ leaders

:: Henry Ford ::

10:17 AM
DAILY GAPS CLOSED ON SP AND DOW & NAZ

We got close to hourly gap closures...maybe close enough..
Right at the 68 % Fibonacci level from high/low

:: Henry Ford ::

9:24 AM
GOOD MORNING

Gap up morning for SP DOW and NAZ...we will wait for the first 20-40 minutes before assessing next action for the day.
Once again we have good economic news which bouyed the market at 8:30. GDP exceeded estimates...6.1% vs 5.5% which was expected. Normally we would look for this gap to be filled, so it would be dangerous to chase it...Everybody knows that though, so a bit of a dilemma this morning. Safer to wait and watch.
:: Henry Ford ::

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