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To: Kelvin Taylor who wrote (40589)6/13/2002 2:19:30 PM
From: Beachside Bill  Respond to of 53068
 
While some of the indices failed trend reversal (long term), they did break down slope trend . Almost everytime that happens there is a dead cat bounce at support at the point where we are today. Also, just watching technicals in different sectors and the lack of high volume in this sell off. Very low volume sell offs don't usually do it. Lastly, the timing is right and mo mo indicators don't show a hard sell off but possibly a head fake if it does continue lower in the next few days.

Just my opinion. Gotta run errands.



To: Kelvin Taylor who wrote (40589)6/13/2002 3:36:21 PM
From: E.J. Neitz Jr  Respond to of 53068
 
Come on KT...how about a WOOOOOWOOOOO!