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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: d. alexander who wrote (22702)	8/11/1999 8:25:00 AM
From: Clint E.	Read Replies (3) \| Respond to of 69339

>>>What would a shake out have been like? A sudden descent on volume once it was through, before any attempt at recovery? A sudden drop in stocks below intraday or short/long term support(depending on stock) with a quick surge on volume as limit sell orders are executed in a hurry(set by chart-reading traders/investors just below support), followed by a period of stability(good sign) in the face of light selling with firming bids. Pick a few leading stocks in strong group(s) and a few lagging stocks in weak group(s) and watch them all day during selloff days.