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


To: Paul Shread who wrote (33941)10/24/2000 3:19:44 PM
From: Doo  Read Replies (1) | Respond to of 42787
 
wrt distribution day.....didn't make a higher high than yesterday, did we?

Edit.....and even so, we'd be looking for "abrupt rally failure" at this stage of the game, and not distribution days.



To: Paul Shread who wrote (33941)10/24/2000 3:49:15 PM
From: donald sew  Respond to of 42787
 
Paul,

>>>> Not very encouraging action; volume was up over yesterday as of noontime, so we could get a distribution day. <<<<<

We could be getting a ZIG-ZAGGING pattern also, but what has me a bit concerned is that the NDX was down 95 at its lows and the SOX is awfully weak. May be a stronger pullback than I thought. Got to see the charts tonight.