Ask DrBob Message Board - Msg: 15352422

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ask DrBob

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Drbob512 who started this subject	2/14/2001 3:06:22 PM
From: Drbob512	Read Replies (1) of 100058

***TA Update(intraday)*** The markets are mixed, with the Nasdaq index up, which is belied by the a/d which is negative at 3/4. The up/down volume remains positive at 9/5 on overall volume which is quite low at 1.5B shares. The TRIN is very positive at .39, but it is not as impressive as it seems because the breadth is negative. This rally is suspect due to the Dow failing at 11,000 several times recently and the Nasdaq's poor breadth lately and daily charts pointing to a retest of 2251. Caution is the word for those swing traders looking to go long. I was looking for a Valentine's Day Massacre to mark a strong bottom, such as a selling climax or a double bottom, but it has not occurred yet and probably won't. Rallies are suspicious right now until we get more oversold technically.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next