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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (49331)5/13/2004 2:49:54 PM
From: Trumptown  Read Replies (2) | Respond to of 52237
 
should close above it...we'll see



To: Gersh Avery who wrote (49331)5/13/2004 3:05:14 PM
From: Michael Watkins  Respond to of 52237
 
they all want to buy!

We have to remember that there was extreme selling for days. looking at the a/d and a/d volume ratios, intraday, for days, confirmed that for me which is why on Monday I was looking for a bounce.

Apparently TICK also reached extreme values 5 days in the past month. That's less important to me but clearly an indication that things have been selling off at climax levels.

So "caution".

Now "if" price does head back down, then the prior selling will be petty change in comparison I think.... an omen of very bad things.

But its a big if.

So playing it close.

And still in scalp mode.