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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: stan_hughes who wrote (33519)5/13/2001 12:01:15 PM
From: eichler  Read Replies (1) | Respond to of 100058
 
stan,
I too am thinking the rally could tentatively continue through the summer, but as the index is still in striking distance of the lows and gaps left behind, I don't think it would be far-fetched for the compx to re-test the lows, fill the gaps, put in a higher low, and continue on it's merry way, without destroying the opportunity to later rally further. Just my opinion of which the downturn in the compx chart and weakening indicators seem to support further near-term weakness.
Regards,
Eichler