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


To: dennis michael patterson who wrote (30478)9/21/2000 10:22:59 AM
From: donald sew  Read Replies (1) | Respond to of 42787
 
Dennis,

The market could be just ZIG-ZAGGING for a few days, but for the NAZ to not follow-thru and weaken this quickly is not normally a sign of strength in a rally.

What misleads many is the strong one day upward price movement. Sometimes its a sign that the rally will be strong, and sometimes it is what it is, just a 1-2 day rally. But to assume that a one strong up day implies that the rally will continue and continue strong, may not be the best way. During a strong uptrend that may work.