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To: donald sew who wrote (28709)8/30/2000 9:43:44 AM
From: Arik T.G.  Respond to of 42787
 
We have a break down on the OEX, too. (826.4)
Naz still inside, lower trendline around 4040.

ATG



To: donald sew who wrote (28709)8/30/2000 9:54:48 AM
From: Robert Graham  Respond to of 42787
 
Price reached an important resistance line established during Globex trading. This is coincidental to the midpoint of the technical gap. Stochs on the 1-min and 3-min have topped out. So I think price will pull back from here.

The question here is will it be a trend continuation or a price reversal. I think we are at an intraday juncture in the market.

10:03 AM

Interesting. The gap on the ND futures has been closed.

Bob Graham



To: donald sew who wrote (28709)8/30/2000 9:58:10 AM
From: jjs_ynot  Read Replies (2) | Respond to of 42787
 
Don,

One thing that I have noted over the last several weeks is the expansion of time-scale of short term trends. By this, I mean that chart trends that I could monitor on 60 minute charts look like noise now and I have to expand my charting period to 120 or 140 minutes to extract trends.

It is possible that the low volume is expanding time scales. Or it could be the indicators are just not working. <GGG>

Regards,

Dave