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Strategies & Market Trends : The New Bull Market. -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (776)6/19/2002 1:32:46 PM
From: Chip McVickar  Read Replies (1) | Respond to of 1750
 
Doesn't look so bright to be in a long today....

Back to 1030 in the Aug for a double bottom
Todays suppose to be up...? <chuckle>



To: GROUND ZERO™ who wrote (776)6/19/2002 1:49:49 PM
From: Chip McVickar  Read Replies (1) | Respond to of 1750
 
Doesn't look like the gap down this morning has been filled, just approached.

My thinking is the experation folks are shaking the tree..., first cleaning out weak shorts in the last few days and today the weak longs.
Will the selling go on for a few days.... and which gap will they close first....
That's the question...?

The 3:00 crowd will tell us a lot.

Everything here in the NYSE and NASDAQ data looks terrible.
briefing.com

With the rising double bottom in the SPX charts it still looks hopeful for a rise into the end of the week.
My work says the buyers still remain in control...
Higher prices with a solid move is still in cards.