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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: stan s. who wrote (94892)4/11/2000 10:36:00 AM
From: westpacific  Respond to of 108040
 
Stan, yes - another reason to track and monitor daily NAS volume, if it stays low - stay out of market. Once we see it start increasing this could be an indicator of market confidence and a near term bottom.

However in the near term, the volume issue could continue to cause erosion, who has the confidence to start accumulating here. It is interesting to watch the MM move the price up on a stock to try and get buyers to chase it after a morning take down. All part of the strategy (games) of the MM to move a stock.



To: stan s. who wrote (94892)4/11/2000 10:45:00 AM
From: stan s.  Read Replies (2) | Respond to of 108040
 
2 resistance tests of 4100 failed, looks like we test the low of 4010.

hope that it holds.