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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?

To: Frederick Langford who wrote (77174)	10/10/2002 3:12:08 PM
From: Dave Gore	Read Replies (1) \| Respond to of 208838

RTN bouncing, and tomorrow will be interesting. You see this? "Also, note that back in July, the market had blowout volume on the low and is likely the washout point. The current retest of the low is on lower volume and suggests a non confirmation of the downtrend and suggests the low of the decline from the high early this year may be near or complete. MACD has also shown a positive divergence on this last blue channel decline. A move over the upper blue channel line near 1185 break the down trend." Could this really be a significant bottom? I think not but seeing lots of people predict a 2-3 day rally if we close above 1145 or so, which we will.