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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Nemer who wrote (17700)	3/5/1999 9:33:00 AM
From: donald sew	Read Replies (1) of 44573

Nemer, I agree that this could just be a knee jerk reaction, especially if 9600-9650 range holds and the market internals do not improve dramatically and immediately, otherwise we are still in a trading range. The NEW LOWs have been significantly higher than the NEW HIGHs recently, but if the NEW HIGHs can out number the NEW LOWs, this market could go higher. Without improval in the market internals, I feel that the bubble is just getting larger. So, I havent turned bullish for the longer term but will if the market internals improve significantly. Seeya

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