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Strategies & Market Trends : Classic TA Workplace

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To: ajtj99 who wrote (59875)	11/18/2002 8:32:13 PM
From: Shack	Read Replies (1) of 209892

I am not big of them ajtj, but today's excursion to 1425 was on such paltry volume and we recoiled so hard from that level, that it meets the criteria for one. Pull up a 3-min chart of the QQQ for today, look at the volume on the rallies today and then the volume on the sell-offs. That is textbook distribution. The VIX spike down is another clue BTW.

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