Electronic Contract Manufacture (ECM) Sector Message Board

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Strategies & Market Trends : Electronic Contract Manufacture (ECM) Sector

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To: jeffbas who wrote (1174)	1/24/1998 1:09:00 PM
From: DD™	Read Replies (2) of 2542

"The action is pretty consistent with bear market rallies - where the leaders rally, while the others do next to nothing" Speaking of said rallies, I was looking at some of the major market indice charts again last night, and the one that really stood out at me was the NAZ.. iqc.com A child of 10 could see the declining tops characteristic of "exhaustion rallies" since the October crash. These often appear when the bull is long in the tooth. Fortunately, the market has found suport on three occasions at the October lows. If we head back again, it could signal another short-term buying opportunity. If it is violated on heavy volume, all bets are off of the table. DD

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