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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: 1newportbeach1 who wrote (844)8/22/2000 11:30:42 AM
From: Drbob512  Read Replies (4) | Respond to of 100058
 
*****TA addendum*****

Forgot to mention that I would like to see over 1.5B shares today or pro-rated at that intraday during rallies over 3982 and towards 4000 to get a clue as to whether it can hold. So around 10:30 am PST, it should have over 800K shares traded, as that is just past the 1/2 way point of trading.

Also would like to see advancers improve by over 300 issues.

TRIN 60 min stochastic is still ok.

Gut says Naz wants to rally over 4K today, but we still have gap likely to fill, which could fill and then rally.

Would be unusual to get low volume rally to hold, but we are so close to 4K, wouldn't take much.

Not as positive after today unless technicals improve a lot...

We shall see.