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Strategies & Market Trends : Ask DrBob
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To: Drbob512 who started this subject9/1/2000 12:08:30 PM
From: FLACK  Read Replies (1) of 100058
 
FWIW, as the nas settles into the desert,
it is almost exactly at mid way point between
morning high/low... so one thing that I watch coming out
of the desert is where my stocks are relative to their
morning H/L... if they're lower than mid way, I feel confident
that a sagging nas will send them down faster than
if they were above their mid point... and vice versa.
If that makes any sense.
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