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

To: Jack T. Pearson who wrote (1711)	3/2/2001 8:16:30 AM
From: StockOperator	Read Replies (3) \| Respond to of 52237

Jack, I think you're right about the volume but from my perspective, a guy who tries to identify every little nuance on the chart for signs of a possible breakdown. The fact that the stock is printing in the aftermarket below the day's low (especially after the last hours excitement) tells me that there is a urge to distribute by someone. So it's NOT the volume that I'm interested in - it's the price. I know technicians have a million different ways of slicing the pie, but price is my most critical component. If it prints a new low it would be another confirmation that prices are accelerating to the downside. Just checked ORCL, even weaker this morning. We'll see.