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To: AllansAlias who wrote (16949)10/17/2001 4:03:03 PM
From: Doo  Read Replies (2) | Respond to of 209892
 
top to bottom, it's around a 8-9% move!



To: AllansAlias who wrote (16949)10/17/2001 7:47:50 PM
From: bcrafty  Respond to of 209892
 
Allan, another noteworthy event today

was the fact that we failed to move over the 50 dma after reaching it, the failed breakout you mentioned early on. On the chart below note that the last time the naz reached the 50 dma it was a doji, and turned down. Today we got a bearish engulfing at the same 50 dma.
stockcharts.com[w,a]daclyymy[dc][pb50!b200][vc60][iUb14!La12,26,9]

I thought that the tip off for today was that yesterday the VXN hit the lower BB, and when that happens I've found it has been a good sell indicator.

Message 16514587