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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: GROUND ZERO™ who wrote (29694)	8/6/1999 9:13:00 AM
From: SE	Read Replies (1) of 44573

GZ, What the heck are you looking at. My forks all are being defeated and the targets are now a lot lower than where we are. I also agree with ISPEC in that yesterday as a capitulation day was too easy. Maybe we saw some capitulation on the TICK, but no way on the TRIN. The TRIN has been unusally high during this entire sell-off, something I cannot explain other than most of the sell-off might be due to lack of buyers rather than wholesale selling...and if that is correct, another sign of lack of capitulation. Maybe we have an up day or two, but I don't think it is etched in stone. I must be looking at different charts I guess. 1290.50, right on the numbers? To easy. That is a double bottom screaming to be taken out and shot. My opinion. Enlighten me please. -Scott

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