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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (13037)2/28/2002 1:25:05 PM
From: rocklobster  Read Replies (2) | Respond to of 26752
 
I'm watching my five minute chart and it seems we have some divergences in the indicators..

the macd isn't nearly as bad on this move down as it was earlier,

the stochastics are on the floor and look poised for a move up,
and the volume seems anemic...doesnt look like many sellers here.

not sure what to think.. of course I'm leaning towards big dump, but if it doesnt do it quick, I'm going to stay out of way.

rok



To: Susan G who wrote (13037)2/28/2002 1:26:43 PM
From: rocklobster  Respond to of 26752
 
of course on the other hand spx and dow indicators all seem in line and look to be headed down...if they crack, nq's will definitely go.

rok


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