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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Shea who wrote (10784)8/13/1999 4:36:00 PM
From: bglad  Read Replies (1) | Respond to of 57584
 
"Just thinking" appreciated. The S&P 500 has bounced off its 200 day moving average. The 50 DMA is overhead resistance now. (Looks similar to last July where we went into a trading range and ultimately fell through the 200.) I'd expect a test of the 200 DMA again shortly. bglad



To: Kevin Shea who wrote (10784)8/13/1999 5:55:00 PM
From: Rande Is  Respond to of 57584
 
Yes, Kevin. . .I do recall. . .and that is VERY good thinking. We certainly need to stay humble at this time, and not feel as though all is well. . . and watch that volume very closely.

Should be some loss of sleep this weekend by traders on both sides of the ball.

Rande Is


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