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Strategies & Market Trends : Technical Analysis - Beginners
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To: Claud B who wrote (11503)2/9/2001 3:16:10 PM
From: Michael Watkins  Read Replies (1) of 12039
 
Claud,

Thanks for the comment. I have a little VXN data and am just wrapping my mind around it. And bewaring of heaping food on it.

My non-charting thoughts on the market have always revolved around the final meltdown being an inability of money to prop up both tech and big cap non tech.

Culminating in a whoosh, or grind, down in both.

I keep watching the NYA index so see what is happening overall on the NYSE, perhaps this is the begining, perhaps not, we will never know until we are there.

But these are just musings.

Looks like lack of buyers out there.

Perhaps a late day 'rally' will develop. I'd prefer a late day sell off, Monday would be more interesting and less predictable then.
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