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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (40898)9/3/2001 11:49:49 PM
From: RR  Read Replies (4) of 65232
 
Hope everyone had a super holiday weekend and got to spend quality time with the family and friends!

Great weekend at our place. All rested and fired up for the week.

The ole Naz..... well, it hasn't had high volume. No buyers, but not really a lot of sellers running to the door lined up either. Just drifting down.

What will prop it up? Going into a typically bad month. Warnings coming. No indication 3rd qtr will be any different than 2nd quarter. Still waiting on better forward guidance.

Nothing to prop it up.

Two gaps to fill looks like around 1750 and 1675.

Getting close to the lower longer term trend lines , depending on how far you want to go back with the ruler on the screen.

I'll probably sit on my hands Tuesday. Wait and see, unless it goes extreme one way or the other sufficient to make a swing play.

Patience. In no hurry....

Have a great week all!

RR
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