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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 662.72+0.4%Nov 19 4:00 PM EST

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To: Johnny Canuck who wrote (24988)1/31/2000 12:03:00 PM
From: d. alexander  Read Replies (1) of 68130
 
Harry; thank you for both posts (set aside for further..)- meanwhile T2113 61.04 & McLellan Oscillator -97.21, continuing down from the -70 zone-which Achelis seemed to indicate was not so good, if it continued rather than reversed (but of course no clue as to what level the reversal had to occur by!). You said -100 was a wake-up call of some kind.

I was unsure of what Thomas posted; but it seemed he might be saying a tank followed by late morning or early afternoon strong recovery, lasting 2 or 3 days depending on the Fed; then retest etc.

No reversal in sight...except for that oversold on the T2113?

Dorothy
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