Ask DrBob Message Board - Msg: 15787919

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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject	5/11/2001 12:23:29 PM
From: Drbob512	of 100058

FWIW: Went short a little this morning, SAPE and AKAM, as their daily stochastics have crossed down from medium readings and the market internals have declined in past hour. We shall see if the market countertrend rallies succeed or fail, of which the latter is likelier. We did get a brief rally in the Nasdaq this morning, but it failed badly, and the Dow/NYSE looks quite negative too. Appears that we have a good chance to get a technical sell signal today or very close to it, if the close is worse.

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