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


To: Johnny Canuck who wrote (25041)2/3/2000 1:06:00 PM
From: j g cordes  Respond to of 68212
 
BKX.. makes sense, saw that also. Look at Trin for the market, been very negative (larger volume being sold underneath a positive tick). Translation: lots of small positive trades are masking exiting volume.



To: Johnny Canuck who wrote (25041)2/3/2000 1:31:00 PM
From: shasta23  Read Replies (2) | Respond to of 68212
 
What a roller coaster today with the DOW. Down 150 then back up to neutral in 20 minutes...amazing whipsaws and that all with a very negative TRIN. NAZ is holding up but also collapsed from +100 to almost neutral and back up again. My guess is that we will fail to make a new high on NAZ or maybe touch the upper bollband of the 20SMA/2STD pattern and then pull back. I think this volatility is here to stay for a while. Great opportunities if you can play it. I'm starting to look for shorts again but it's a little too early since the indexes haven't made up their mind clearly.

Stefan