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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 690.38

+0.4%

Dec 24 4:00 PM EST

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To: Johnny Canuck who wrote (40080)	8/19/2003 12:05:22 PM
From: Lachesis Atropos	Read Replies (1) of 69207

Perhaps the Wall Street Wolves have cut their holiday's short this year? I doubt it. Average price of a stock is up (but just under it's 52 week high), weighted average of all stocks is up (but just a tad under making a new 52 week high), declining liquidity has hit a ledge in it precipitous drop. Its decline is abating. If this rally continues I'll see liquidity pointing up and the averages I am calculating at 52 week highs. Not there yet but getting close-very close. Still in the land of the whipsaws. I am getting ichy-scratchy to start trading. Lawrence

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