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Non-Tech : E*Trade (NYSE:ET)
ET 16.67-0.2%1:20 PM EST

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To: Spytrdr who wrote (7054)6/10/1999 10:45:00 PM
From: WhySoSoon  Read Replies (1) of 13953
 
a technical perspective

SpyT, allow me. There are only three situations that are reflected in the technical perspective.
1. More buyers than sellers ==> Price moves up.
2. Equal buyers and sellers ==> Price goes nowhere.
3. Less buyers than sellers ==> Price moves down.

Consider #2 is the equilibrium. If #1 occurs, it will reach #2 when it meets resistance. If #3 occurs, it will reach #2 when it finds support, etc. etc. That's all.
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