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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (37879)7/31/2002 1:48:00 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 68173
 
Jerry Favors commentary:

Message 17814377

Calling for a top to the rally today or tomorrow, followed by a test of the low with a break.

I have no idea how accurate he has been lately. A re-test of the low this soon would indicate a very weak market though. A slow climb with a gradual sell down is what is necessary to create a lasting rally.

Given a new low then I would agree. Till then I am only looking for the re-test.