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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?

To: freeus who wrote (7075)	6/5/2001 6:04:52 PM
From: Jill	Read Replies (2) \| Respond to of 8925

Freeus--do you have summer off from teaching? If so just hang in Teresa's room whenever she's there. Nobody is a better teacher.

To: freeus who wrote (7075)	6/6/2001 2:29:32 AM
From: Teresa Lo	Read Replies (2) \| Respond to of 8925

Your comments are accurate here. Since the demise of the bull market, it's been very hard for the market to "put anything together". You get a move, but no real trends can take hold, and that in itself is telling us a lot - that this is so far a big giant consolidation at lower levels, no matter how we slice it, especially on the NASDAQ: ottographs.com Note that the ADX has been dropping since the April lows, telling us that the price action ever since is NOT a directional uptrend. It's simply a giant consolidation pattern, and hopefully, for the sake of all the bag holders, this is not a rising wedge that is about to croak 'em...again. T.