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To: frigengenius who wrote (164562)3/14/2008 10:30:43 AM
From: jjstingray  Respond to of 209892
 
Not sure. We had a Trin that was decidely negative, you do not see that with continued selling. 7:1 downside volume. I think we could have seen capitulation here. Also, another test of the lows were successful.



To: frigengenius who wrote (164562)3/14/2008 10:33:22 AM
From: frigengenius  Read Replies (1) | Respond to of 209892
 
That's off a 1 minute chart...got the magnifying glass out.
Very hard to read this spike....so trading off that is a flip of a coin.

Common sense says there is no reason to go back up from here...but when does the market have common sense?


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