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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (8528)9/18/2001 9:41:08 AM
From: James F. Hopkins  Read Replies (1) | Respond to of 19219
 
Well the NDX has 7/2 stocks ticking up in premarket,
however that's questionable as the down stocks
have more volume , like ORCL is trading twice the
volume CSCO is in premarket and ORCL is down.
Often ( not always ) the market will latter tend to follow
the trend the stocks which have the most volume in
premarket set.
Unless things change dramaticlly with the volume
going to the leaders after the open ( which it can do ) but if
it don't an early rally will fail.
The pros know how to manipulate the index,
& suck mullets in while they sneak out..
I'm watching the volume on some key stocks.
Hope it improves.
Jim
PS change worse 5up/4 dwn.. and .volume still to the down stocks,
index is up but with negitive money flow.



To: yard_man who wrote (8528)9/19/2001 6:27:00 PM
From: J.T.  Read Replies (2) | Respond to of 19219
 
I visited the porcelein goddess tonight. Usually indicative the bottom is already in. <g>

Today's action definitely capitulation.

Another stay of execution as tomorrow we rocket higher.

Let's see what rydex says tonight.

Best Regards, J.T.