Ask DrBob Message Board - Msg: 20039676

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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject	4/19/2004 12:53:27 PM
From: shoreco	Read Replies (1) of 100058

Mr. Market is flat and could go either way, a 5pt range on the SPX on this low volume has to be looked at as a trap... The big $$$ question??? Who, the bulls or bears??? I guess an SnP below 1127ish could be a sign of continued weakness, but I could also see us go back and touch the lower 1140's... The 60min charts are indecisive at best and this probably means we'll get our normal sell off type rug pulling followed by a 3:15pm save of the charts and end the day right where we are... EOM Shoreco

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