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Strategies & Market Trends : Strictly: Drilling II

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To: nspolar who wrote (34290)12/8/2003 11:19:01 PM
From: Andrew  Read Replies (1) of 36161
 
I think so. There was big reversal last week on the NAZ and SP500.

Tomorrow we'll know after 2:00 PM.

Its tough to tell anymore technically. Everytime it looks ready to really break down it get saved.

Today looked like a short covering rally ahead of the big non event fed meeting in the last hour.

The market looks very weak IMO. Lack of volume and selling volume is greater. It looks to me like the market gets popped up on low volume and then there's a lot of selling.
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