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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (57382)1/11/2001 9:29:52 PM
From: fedhead  Read Replies (1) of 436258
 
The NAZDAQ recorded an O'Neill follow through day a couple of days ago. Though this inddicator doesn't guarantee a bull
market, no bull market has started without a follow through day. Coupled with the fact that we have had all kinds of
bad news thrown at the tape, (Nokia, Cisco, Yahoo, now HWP
and GTW) yet the NAZDAQ has recorded multiple % gains
through the bad news. Don't know whether this is a new bull or a strong counter trend rally like we had in the summer of
2000.

Anindo
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