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To: yard_man who wrote (22309)9/27/2000 2:51:25 PM
From: scotty  Read Replies (2) | Respond to of 436258
 
ever hear of the 5 day rule?....Whenever a market moves down 5 days in a row, chances are good that the market will continue lower in the following days.....A sign of weakness....Today is the fifth day down for the NDX(so far)..could punch thru 3600 soon......I have a new moon sell right now too...gggggggggg



To: yard_man who wrote (22309)9/27/2000 2:54:19 PM
From: AllansAlias  Read Replies (3) | Respond to of 436258
 
NT -- LOL

Yup. I am short yet again -- this is one of those "I got no setup but this thing could crater and i want on board." trades. Risk of whipsaw is high and I will give it no leeway.

I had a sec to review some of the second tier stuff there and it's a mess. Turned up the volume on the band.

BTW, I think Ralph is right about 3520 -- under that is some very, very bad ju-ju.

(edit: new low on mini futures -- I feel bad for people getting hurt by this, but God knows we have tried to warn them of the clear and present danger they face.)