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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject9/22/2000 12:56:06 PM
From: Drbob512  Read Replies (1) of 100058
 
*****TA Update(intraday)*****

Nasdaq TRIN 60 min stoch just crossed up again, so expect more decline coming right up, perhaps to test that 3614 area, or may do it at close if we don't retest it in the next hour or so...

Risk of more weakness in the days to come, despite sharp technical bounces and rallies...

Last technical bounce turned into a short rally, but I was not convinced about it due to my TA indicators and my expectations of pre-earnings warnings season....
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