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Strategies & Market Trends : Ask DrBob -- Ignore unavailable to you. Want to Upgrade?


To: gongoman who wrote (59205)5/9/2002 12:02:03 PM
From: FLACK  Read Replies (1) | Respond to of 100058
 
gongo, like LD and Bloom said,

a drop through Fib 50% spells technical trouble...
so a bounce from there would be necessary to encourage the bulls again.
If you have the patience, wait until we get another bounce.
One never knows where that will start but at this point
we look like we dip some more from here.



To: gongoman who wrote (59205)5/9/2002 6:16:01 PM
From: nokomis  Respond to of 100058
 
giving back just 30% or so today bodes well, but one has to play hit 'n miss before holding many overnight..especially for stocks on a lot of radars. The 'little-knowns' continue to do well however and are less susceptible to wild price swings...three consective up days would bring 'em back in droves