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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 681.86

-0.7%

4:00 PM EST

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To: Clint E. who wrote (22679)	8/10/1999 5:32:00 PM
From: d. alexander	Read Replies (1) of 69339

Market-wise, we haven't seen any shake out below support. The market is deeply oversold and near long-term support in the case of the SPX so I expect it to come back (12.08pm) Thank you. I got there a little faster this time. Soon after that was posted the SPX went through its 200dma. What would a shake out have been like? A sudden descent on volume once it was through, before any attempt at recovery? d.alexander

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