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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (50002)8/14/2002 2:12:16 PM
From: The Freep  Read Replies (1) of 209892
 
Thank you all. Vacationing sure isn't what it's cracked up to be but at least I got a grub.

Exceedingly conflicting action the past two days: breakout failures followed by breakdown failures. Which takes precedence? It sure would be nice to be privy to the information that made EVERYONE start buying at 1:30 today. Banks reversed. Bios reversed. Shorts reversed. Sure the put call was high, but still. . . doesn't look like the killer downwave right now <g>

Ahhh. . .briefing.com to my rescue: 14:09 ET Dow Watch : The Dow has soared 140 pts over the past 30 minutes. Not hearing any specific news; market talk is program buying and short-covering.

the freep
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