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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: kathyh who wrote (45492)5/26/1999 9:05:00 AM
From: Charliss  Read Replies (1) of 90042
 
Kathy, thanks for the posts this AM. We may be having a bit of a trend reversal today after our two day slide. Perhaps more rebound than slide continuation:

Futures up good.

The TRIN 5 day ma is oversold, and that of the TICK is nearly oversold.

McClellan Oscillator says mkt breadth is oversold, being under -100.

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However, this could be really short term. Everyone should stay on top of things and have contingency plans for all plays, including position plays.

Holding COMS>CS>OSI>AG>JACO>SCUR

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