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Strategies & Market Trends : Trader J's Inner Circle
NVDA 171.00-6.3%9:46 AM EST

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To: ajtj99 who wrote (42645)4/25/2001 2:45:30 AM
From: LTK007  Read Replies (2) of 56535
 
<Once again, there doesn't seem to be a lot to say about the action in individual stocks. I think it's all one phenomenon at this moment. The question is, can the bulls hold the rally together until the next FOMC meeting, or are they going to lose it right here and now. It seems unlikely that they would lose it, but who knows? Bear markets are full of surprises>>(that is Fleck's view today .)
my view today-- for a bear market rally to maintain itself it needs lower lows and higher highs within a near term frame of reference.Regards COMPX i put the test points now at 1923(close before INTC set off a gap up that then got a booster shot surprise via Fed Surprise and the high that followed--2202).max P.S. the ultimate test point of a Bear Market rally for me is 2875,that is the real biggie,as that is the high-side measure of my primary downtrend line.
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