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Strategies & Market Trends : Classic TA Workplace

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To: oldirtybastard who wrote (5688)	6/22/2001 3:33:30 PM
From: AllansAlias	Read Replies (2) of 209892

Now we have new buyers stepping in up to drive the charts back into the hole we created. Some were caught through buy stops, but the rest is s-t crowd buying "bargains" -g. These are weak hands. On the downside, alot of the selling pressure is gone because sell-stops were taken out. Anyway, this makes it easy to drive prices up s-t, but another swoon down and the weak hands will give up. Just watching, but wishing it was earlier in the day and week so that this would have some market time to work itself out -- it would be very tradable.

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