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Non-Tech : The Critical Investing Workshop
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To: Jim Willie CB who wrote (10061)3/31/2000 1:48:00 AM
From: Boplicity  Read Replies (1) of 35685
 
If you look at the QQQ you can see the last high was on declining vol. Look at the stoch. compare it other down trends, scary looking, isn't it. Looks to be to be just beginning the down trend. Look at the number of down days in a row during this correction and the last one just a few weeks ago. Compare it to past correction, the drops are bigger. I read that as one scared market, that will sell into any strength. If it wasn't for earnings season coming up, I would be sure that we would be going lower. It's the end of the qr. now. Where is the end of the quarter buying we have seen for what seems like forever? What we are seeing is the exact opposite of the past end of the qr. window dressing, it is now to sell to make it look better.

Greg
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