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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: robert b furman who wrote (1766)5/25/2000 11:49:00 AM
From: Chip McVickar  Read Replies (1) | Respond to of 33421
 
Bob,

I agree with you about buyers sloshing around in this chart pattern patiently waiting for a buying opportunity. I've been asking myself what would bring them back in with any force...?
It might come after the long weekend and with the institutions returning to the market with their monthly retirement deposits and anything left over from last 3 months..?

confirmation day occurring between next Wednesday and Friday (a 1% up day on volume above the previous day and over the recent average- not too hard to do).

Is there any 'thing' or indicator you have that defines next week for you...?

Chip