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To: Thomas M. who wrote (4678)12/9/1997 7:26:00 PM
From: Broken_Clock  Read Replies (1) | Respond to of 95453
 
My thoughts(prior to todays inept attempt at a pull back!) were that this weeks action and on into next week would give us some direction. If we tested recent lows and bounced up then wouldn't that indicate a new wave up? If we broke down through the recent lows then down trend continues. Since the overall market has been trending up since Oct. sell off then I am inclined to think we may be trending sideways to upward...I hope we don't successfully test the lows! If we do then it's another great buying opportunity...