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Strategies & Market Trends : Classic TA Workplace

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To: JRI who wrote (65860)2/10/2003 1:14:01 PM
From: Shack  Read Replies (1) of 209892
 
I've been looking for sustained down rather than hard down. But it depends on which index you look at.

However the door is wide open for a strong bounce, Softie is toying with breaking out of its 2 week old wedge. That should take it to $50 if it goes.

But if you can believe it, volume is even lower than it has been. I think the Naz is heading for its lowest volume day since Jan 3, not the stuff reversals are made of.

Edit-I think the NYSE will have the lowest volume since New Year's Eve.
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