SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Timing the Trade the Wyckoff Way -- Ignore unavailable to you. Want to Upgrade?


To: coferspeculator who wrote (182)7/26/2004 4:55:38 PM
From: coferspeculator  Read Replies (1) | Respond to of 14340
 
Today the market experienced an intra-day failure to the upside and finished near the middle of a nearly equal spread on sustained volume, ending the day in a neutral condition. Today's intra-day failure was a result of the meeting of demand.

The markets neutral condition suggests that any rally will be short lived. Today we continued to see selling from both the investor and speculator groups. It is expected that the targets mentioned over the weekend are likely to be met in the near term.