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Strategies & Market Trends : Classic TA Workplace

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To: ajtj99 who wrote (87051)12/7/2003 9:04:50 PM
From: SwampDogg  Read Replies (1) of 209892
 
biz.yahoo.com

Lets see if the volume can come in on the downside tomorrow in NY. If it can't then one more retest or marginal new high may be possible. Anything over 2.1 billion shares traded on the downside on the $COMP and that may be it.

The $NDX and $TRAN did not confirm the new high in the other indices. The high from 11/07 still stands and this is a large bearish divergence that should not ne taken lightly.
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