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


To: velociraptor_ who wrote (21402)7/29/2002 4:40:03 PM
From: Dave Gore  Read Replies (1) | Respond to of 26752
 
Yes, I agree. 10am tomorrow will tell me a lot. If we don't rally a fair amount or rise steadily from there, or at least by day's end, it's probably through for now. Shorting could come back quickly.

I haven't seen such a non-volatile day like this in ages. Could we possibly get 2 in a row? Doubt it.



To: velociraptor_ who wrote (21402)7/29/2002 4:44:27 PM
From: greenehugh  Read Replies (2) | Respond to of 26752
 
"I have a number of pieces of data that suggest this is nothing more than a correction.." Agree. Most daily and weekly charts are moving up into a weak wave 4 which will reverse into to a stronger wave 5 down. Just as one would seasonally expect.