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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club

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To: Boca_PETE who wrote (1376)10/5/1998 3:10:00 PM
From: Justa Werkenstiff  Read Replies (1) of 15132
 
Pete: You hit the nail on the head. The test thus far today has not breached any previous lows. By all accounts, it was the NASDAQ's turn today for a test after it showed weakness in the light of Friday's rally. And the volume on the NYSE is on track to close a somewhere in the 750m range. This again is lower volume. In fact, it should be close to the average daily volume for the month of Septemeber. Even if we do not get a bounce in the final hour, the lower volume is compelling. We are running out of sellers. Let's hope this continues.
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