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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: StockOperator who wrote (34610)11/2/2000 11:49:28 AM
From: StockOperator  Read Replies (1) of 42787
 
Crunch time for PMCS. If it breaks last weeks low look out. The thing to pay close attention to is the volume which is swelling on these down moves. Take a look at ORCL's for the past two hours. WCOM's yesterday. Once these stocks start to break down from key support, there is going to be tremendous pressure on prices to reverse. Any reversal should exhibit an even greater volume flow. So an unsuccessful reversal by Friday would paint a ugly picture overall.

Good trading.

SO
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