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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (12162)12/23/1997 9:29:00 AM
From: Defrocked  Read Replies (1) | Respond to of 94695
 
RE: "The table shows what I have been noting about weakening internals."

Weakening internals?!! Break out the adult diapers! Sounds serious!<g>



To: Investor2 who wrote (12162)12/26/1997 5:18:00 PM
From: GROUND ZERO™  Respond to of 94695
 
I2,

Here's another chart. This is an interesting chart because it shows you the range of the actual price traded, not the collective hypothetical highs and lows as most indices show.

tscn.com

Notice that the NAZ closed right at the high tick of the day. BTW, on this chart, look at the double pennant pattern in August, particularly the second one. Look familiar? There are price gaps and there are time gaps. The markets were closed yesterday, this created a time gap. I believe it to be additionally significant. BWDIK

GZ