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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: chic_hearne who wrote (84531)3/23/2001 6:26:24 AM
From: AllansAlias  Read Replies (2) of 436258
 
Yes, what else could you call it but paint taping. (Don't edit that message.) -vbg

Seriously, it is an argument for follow-through in my opinion when you get this manner of intraday sticks on high volume. The rotation is less of a concern, as that in the end is not strength.

As for the DOW and friends tanking, well, they have. Down needs up to get going and we'll probably get a little here. Call it at lest a technical bounce from oversold levels. As we discussed yesterday, the levels that they bounced from were predictable -- even we were able to predict it -g.
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