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To: Chip McVickar who wrote (32988)9/8/1999 11:12:00 AM
From: Chip McVickar  Read Replies (1) | Respond to of 44573
 
Okay....

Island Reversal has been negated!

The markets have retraced to their openings...both spoo and cash.

Outside Day...?
If the markets close above yesterdays cash high of 1361± it would produce an outside day reversal and be bullish!



To: Chip McVickar who wrote (32988)9/8/1999 11:25:00 AM
From: bearshark  Read Replies (1) | Respond to of 44573
 
Chip:

It has been so long since I posted that I forgot how to respond. The volume today is interesting. It is a bit high. From 1:00 PM to 2:30 PM ET, we may get a lull and a lower market. After that, there is a good possibility that we get a strong move up. However, there was quiet buying around 10 AMish ET already. This is a day to be on the alert for a strong move up. If it does not, then this market would appear to be in trouble.

I just do not have the time to post often at this time. Too many things in life to accomplish.