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Strategies & Market Trends : market dissection: all methods considered...

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To: el paradisio who wrote (77)	8/28/2001 7:19:34 PM
From: eichler	Read Replies (1) of 450

Hi el, <I may drop in from time to time if you don't mind.> Please do! Always appreciate your comments. We could test some upside at any time according to the oversold intraday charts, but the daily has a freshly disturbing look after today's action. It is not as oversold as before the last "rally", and all the indicators look to be heading the wrong way. Also, the bearish implication of today's candle and the last three session's pattern is of further concern. I'm thinking that the odds of a downer tomorrow are greater than the odds of a reversal back up, though of course a lesser probability doesn't guarantee anything...ggg Best Regards, Eichler

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