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Strategies & Market Trends : today's chart

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To: TechTrader42 who wrote (553)9/9/1997 11:44:00 PM
From: Bill Sandusky   of 1267
 
Hi Brooke... Although the Chaikin Oscillator has turned down, it is still bullish (above dotted line). CCI is strongly bullish as is the RedLine indicator. Also like the strengthening $Flow. Volume is also extremely strong. Does seem however, that the raging battle between the bulls and bears is not completely resolved. Noticed there was considerable block buying near the close but last trade of day was a sell of some 94k shares. Maybe brokers settling?

There were two positive news stories posted after the bell that hopefully will give us a needed boost early. Let's keep our fingers crossed.

mindspring.com

Hang tough,
Bill
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