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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?

To: besttrader who wrote (23180)	5/16/2001 1:19:10 PM
From: velociraptor_	Read Replies (3) \| Respond to of 37746

Yup, I see that. That long term down trend line is around here somewhere. Given that the scale is in weeks, it's hard to pinpoint an exact number. This is where the true test will be. There are several elements that still make me skeptical though. The high on the volume was the push to just under 11,000. The rest of the day and the move over 11,000 has been on declining volume which is a divergence. Hourly stochastics are now hitting 100% overbought. 15 and 5 minute are plastered to the ceiling.