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Strategies & Market Trends : Classic TA Workplace

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To: jjstingray who wrote (64695)1/27/2003 10:44:50 AM
From: AllansAlias  Read Replies (1) of 209892
 
I do not think this market would survive a revisit to this morning's lows, as things are likely to get very queer down there. In general, there is loads of s-t support that would get tested again, but the way this open has setup, we'd be quite likely to just fall clean thru as the considerable dip-buying we saw gets stopped-out and the bears that have covered are already gone, so we'll see no buying from that side.

Had straight shot out fo the hole today. A brother up now would look best.
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