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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (3844)	5/30/2001 10:40:08 PM
From: AllansAlias	Read Replies (1) \| Respond to of 209892

Ameritraders bought the dip hard again. Ameritrader 5/29/01,83.49% 5/30/01,84.59%

To: AllansAlias who wrote (3844)	5/30/2001 10:43:24 PM
From: Challo Jeregy	Read Replies (1) \| Respond to of 209892

AA, I haven't posted here before but have been following your trading and am impressed with your counts. Just wondering, does your week-end update still seem in tact? Do you still expect that counter-trend rally to take the s&p back up to the 2250 level? geocities.com edit - it doesn't look or sound like that scenario will take place - that's why I'ma asking -

To: AllansAlias who wrote (3844)	5/30/2001 10:53:01 PM
From: John Madarasz	Read Replies (1) \| Respond to of 209892

The Ameritrade Index for the compx puts the buyers at 84.59%...even higher than yesterday. This confirms the old Jesse L. axiom that distribution happens on the way down. Today was only the second day of distribution (higher volume than the previous session on a down day) in the compx in 24 sessions, so there is still plenty of room for further selling. As an aside on the book list subject, here's a fascinating read for math history junkies...this guy was beyond amazing. No e-wave, but still a cool story<g> amazon.com