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To: Chris who wrote (27822)8/17/2000 10:46:27 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
need to clear 50 day sma for sox.



To: Chris who wrote (27822)8/17/2000 12:26:21 PM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
Chris, volume has so far been higher on down moves than on up moves, including today. In fact, the entire rally since 10,464 has occurred on below average volume. Not yet a rally worth trusting, and the bounce off the trendline was not nearly as strong as I would like to have seen. This is the last day for a follow-through rally on the NAZ, and so far we are below yesterday's volume (646 million at noon yesterday vs. 618 today).

Good to hear from you.

Paul