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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (16060)12/1/1999 4:35:00 PM
From: Trumptown  Read Replies (2) of 57584
 
Quite a day...a real tug-a-war between the bulls and the bears...

Interesting pattern observation...when the market is in rally mode with aggressive buying, there generally seems to be dips around 10:30 and 2:30...indicating longs taking a breather

Just the opposite seemed to occur today...market strength around 10:30 and 2:30...indicating aggressive shorting is taking place...(same behavior...different bias)

Indexes held up well, and there was strength into the close (probably covering). Having trouble determining who will the tug-a-war...

Strength tomorrow may tip the balance back into the bull's favor...

SR
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