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Strategies & Market Trends : The Thread -- Ignore unavailable to you. Want to Upgrade?

To: John F. who wrote (700)	5/30/2000 2:09:00 PM
From: stan s.	Read Replies (1) \| Respond to of 49816

I agree with most of that, esp with regards to volume and several previous failed rallies. This will be our 5th attempt to rally...but note...no volume here, that's the concern but it may pick up in the coming days. The only part I disagree about is the technical indicators. On a true rally they will fall in line, one after another. So far we have the early momos...now we wait for volume and the breaking of resistance, indicators will follow. My guess is at the moment that we will ultimately fail this particular test in the day(s) to come, revisit and then have a better chance on the next rally. Though I would not mind seeing this one work!! <g> By the way, I'm buying and stopping in case we do rally. Just preaching caution as I go. Stan