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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Chris who wrote (24017)6/2/2000 12:29:00 PM
From: John T.  Read Replies (3) | Respond to of 42787
 
Hard to tell market direction right now. NYSE trin has been high all day indicating distribution. NAZ trin extremely low. All the major indexes are in extreme overbought territory. We'll know more by the end of the day.

If the market rallies higher, then we might be in for 3 to 5 more days of rally. This would coorespond to one of Don Sew's NEGATED Class 1 sell signals. If the Class 1 sell signal is negated, then it indicates a strong rally.

Sorry I can't be of more help.