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Strategies & Market Trends : Classic TA Workplace

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To: yard_man who wrote (53372)9/16/2002 3:08:41 PM
From: AllansAlias  Read Replies (2) of 209892
 
No cheque! You're on ignore. -bg

Nasdaq: This really should show some follow-through to the downside after breaking down out of the up-sloping jello we built out of this morning's low. If it does not, then a short needs to be real nervous.

Dow: Just cruising along in a barely up-sloping bear-flag since the low on the 12th. Again, the normal resolution of that would be down, and fairly hard. It will be a nice buy signal if it breaks the *wrong* way -- up.
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