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


To: shasta23 who wrote (23949)10/12/1999 3:30:00 PM
From: drsvelte  Read Replies (1) | Respond to of 68173
 
So much for my bounce!



To: shasta23 who wrote (23949)10/12/1999 3:38:00 PM
From: d. alexander  Read Replies (1) | Respond to of 68173
 
Thanks for pointing out the distinction between the news & the reaction to it, with the latter providing clues...

Then I wonder if this doesn't tie in with what I posted earlier about context & specifics. ie This good NVLS news landed in a (somewhat) retreating market. Further the market had been climbing steadily & kind of needs a breather (maybe just a quick catching of breath), so all the more reason for the non-reaction (maybe).

Well, it is...interesting. Whether stocks that weakened in the climbing market can climb in a weakening (if it is weakening) market because they're in that swing of the yo-yo etc

Dorothy

Meanwhile the Dow is almost there!