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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: donald sew who wrote (39108)12/22/2000 3:49:36 PM
From: JRI  Read Replies (1) of 42787
 
Donald, didn't we have this same formation (abandoned baby) on the Greenspan speech day....and then we went on to have 2 down days in a row (before resuming up trend?)..

I don't recall exactly, but I believe (the day after Greenspan speech day), we continued higher the next morning/partial day, and then sold off...beginning a retracement...

Wouldn't you expect something similar, given the size of the move today? (ie...up side early Tuesday, and then selloff...After all, any decent rally should see retracements, no?)
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