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Politics : High Tolerance Plasticity
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To: augieboo who wrote (17635)11/10/2002 3:22:08 PM
From: Steven C. Vartan  Read Replies (1) of 23153
 
Augie: It seems the debate on the S&P and other indexes are whether we are in a minor consolidation and 30/50% retrace or on the way to new lows. Looking at the last couple of low points on the S&P it looks like the decline on average volume then blowoff down volume for a few days before moving back up. Do you have any thoughts as to good indicators to see if we are headed for new lows or just a breather? Thanks. Steve
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