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Strategies & Market Trends : Charts & Scans

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To: Jeff Jordan who wrote (879)10/26/2001 8:38:38 AM
From: Ron  Read Replies (1) of 5125
 
Market seems to be pulling against gravity here. Perhaps the thinking is we are in bottom mode and the buyers don't want to miss out on the recovery? Somehow I doubt it. Looks like a bear market rally to me. Played JDSU RHAT EMLX and BRCD on bounces for decent $$. Going into today watching SUNW MOVI RACN among others. Prepared for long or short. No swing positions yet. Market is too strange for me to hold much overnight :)
On a weekly chart the DOW and NAZ do look like they are fast approaching major resistance.....
stockcharts.com
stockcharts.com[w,a]daclyymy[pb30][vc60][iUb14!La12,26,9!Lc20]
stockcharts.com[w,a]daclyymy[pb30][vc60][iUb14!La12,26,9!Lc20]
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