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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Jeffrey S. Lillie who wrote (15396)11/17/2002 10:15:14 PM
From: mishedlo  Read Replies (1) | Respond to of 30712
 
I'd say DA BOYZ have done one hell of a job bringing folks back into the market.

I would disagree. Strongly.
1)MUFUs are still showing net outflows in spite of this rally. THus J6P is not buying it.
2)Up volume has been light and gets lighter with each new up
3)Most of this rally has been on gap ups with no big intrday moves
4) There has been a lot of short covering

So why do you think J6P is back in.
J6P has given up.
Now the only question is when does renewed selling start?

M



To: Jeffrey S. Lillie who wrote (15396)11/18/2002 8:31:59 AM
From: DebtBomb  Read Replies (1) | Respond to of 30712
 
breakout, 1426 probably going to be gone soon, imo