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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 (1860)	5/31/2000 12:47:00 PM
From: shasta23	Read Replies (1) \| Respond to of 33421

HI ROBERT! re follow through was wondering if with the increased volatility in the naz -which seems to stay with us- a 1% up day is less significant and that we might adapt that too a 2-3% day. I guess the almost 8% will qualify anyways. Another thing is if the bottom process requires more of a base building? I can often see a nice bottom building, then high volume day up(as a signal going from red to yellow) and then the follow through day 4-10 days later(signal goes from yellow to green). But on the charts that formed a nice bottom it's often associated with some moving averages flattening, the price climbing above the 13 or 21EMA. A lot of high fliers are far from that and the NAZ just barely crossed over the 13EMA. Just some random thoughts. Stefan