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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 689.100.0%4:00 PM EST
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To: Johnny Canuck who wrote (38099)8/28/2002 9:33:21 AM
From: j g cordes  Read Replies (2) of 69962
 
Yup.. sometimes you get'em at the right time on a stochastics.. other times they go against you. OBV was bad, they had just made a major run up to approach the old 52 week high, figured a 5% pull back was in order but as the general market sold off banks like BAC and WFC became safe-haven darlings for the recovery yet to come.
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