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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: rocklobster who wrote (49231)3/16/2001 8:52:44 AM
From: moufassa7  Read Replies (1) | Respond to of 57584
 
rocklobster, it looks like we do have a possible 4DML shaping up. Also, we formed a triple top, we had rally's for 3 consecutive days that stalled above 2000. These formations usually call for 2-4 days of downward movement to correct. That would fit perfectly with your 4DML comment. We had oversold indicators earlier this week. The 3 rally attempts have worked that off. We need to go lower to get another oversold reading. I think the path of least resistance for the next few days is down. IMO.