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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 671.40-1.1%4:00 PM EST

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To: d. alexander who wrote (23297)9/1/1999 7:57:00 AM
From: Iris Shih  Read Replies (2) of 69087
 
>>>A few rough minutes when the Nasdaq went through its 40dma (after its 13).
Above both now, but do you think the penetration is ominous?

Sometimes it's just mms' tricks to shakeout the weak hands or take out some stops. Volume is still the key to watch. A lot of stocks were down with lower volume for the past few days but once the market stabilized the buying volume came back stronger, ie ebay, amzn, yhoo....

Iris

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