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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (42050)7/19/1999 7:23:00 PM
From: steve susko  Read Replies (1) | Respond to of 94695
 
>> Did we close below Friday's low? If so, that would be a true outside reversal and would portend more dramatic market selling

Friday Low was 1416.40. Today close was 1417.5, but did drop 1416 after market.



To: GROUND ZERO™ who wrote (42050)7/19/1999 9:39:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 94695
 
GZ,

·Nasdaq was the only OutSide Reversal and very strong
·RUT interday high is questionable, but low is clear and strong
·OEX an Outside Day
·SPX an Outside Day
·Spoo and Mini both Outside Days
·DJIA is an AnyOld Day

SPX dropping off Median Line at 1405
Lower Tine at 1350± on the Daily

60 Min has cluster of median lines at 1400±
One at 1375 SPX

Technically weak short-term with support at 1350spx


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