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Pastimes : Don't Ask Rambi

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To: Justin C who wrote (58984)3/5/2001 11:39:53 AM
From: Rainy_Day_Woman  Read Replies (2) of 71178
 
grrrrr to the market in general

technical analysis:

The indicators remain negative. They have barely budged from their low, close to oversold levels for the past 2 weeks. They resemble the indicators as they appeared during the sharp declines we had in the fall, although those indicators remained oversold longer. Unless we see some change in the alarming downtrend, we would continue to classify these indicators as among the most negative of the past year.

There are no indicators which suggest the market is ready to change its declining trend (even though we may see occasional rallies).

NOTHING HAS CHANGED YET - we do not see any change from the bear market trends in which we have been for so long.

technical analysis translation:

the market sucks canal water
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