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Strategies & Market Trends : The Good-The Bad and The Ugly -- Ignore unavailable to you. Want to Upgrade?

To: Tim Luke who wrote (1440)9/1/2000 2:21:03 PM
From: Winegrower  Read Replies (1) | Respond to of 8686
 
Technically we touched the bottom of the may 4 gap for the second time now, and hopefully we never see it again. The trend to me looks like 40 test is possible. The overall market cand draw it down, and I expect a market dip next week. 20dma is much higher about 60, if we bounce I expect a hesitation at the 20dma. Sape always seems to come back to its 20dma after a overshot in either direction.


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