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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (7863)7/24/2001 2:06:13 PM
From: JRI  Read Replies (1) of 209892
 
The pathetic bounce attempts this morn can't make bulls feel good here.....1970-75 was good enough resistence for a better bounce......and we just melted thru it....couldn't even get out of it this morn

Bulls are in real trouble, if, as it appears, this total lack of buying interest continues.....% equity for funds is at all-time highs......so there is plenty of inventory to unload...

Man, does today feel like last fall (typical day) or what?

"Why buy?", says the walrus
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