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To: donald sew who wrote (33453)1/16/1998 11:45:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (1) | Respond to of 58727
 
" Now they
are overbought, and I would technically say that the intraday range now means that
we are topping out. "

what does this mean?

if we trade in a range on the next trading day within the range we had today (which was fairly wide) then the following trading day would be to the downside?

y trades based on x= movement on z...which would be to the down side.

but how valid is this IF the trading range is fairly large on "y" day