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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (512)4/20/2001 12:32:40 PM
From: JRI  Read Replies (2) of 209892
 
Update...most of the highflyers I watch made nice moves off of their bottoms when the COMPX popped from 2133 or so-2149....now that COMPX is hanging a bit below there...so far...I am seeing erosion (and not buying) in those names...

Obviously early yet...this thing could still fool us....but if a powerful up move is coming....I would expect to see buying in your JNPR, CIEN, BEAS, CHKP, etc...right off the bat.....so far, I don't see it....but you have to look at every tick...
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