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To: Manny Gugliuzza who wrote (851)1/25/1998 1:08:00 PM
From: Doug R  Read Replies (3) | Respond to of 3351
 
Manny,

For timing any continuation I would go to the 3 day Bollinger Bands. They are tightened up now which points to a move in the very near future. Direction would then be indicated by the prevailing direction and strength of the shorter-term indicators. That picture is mixed as to direction, with strength leaning toward an up move. If the direction of the indicators is taken as "reloading", another leg up is coming. If the direction is not a reloading but a turn, then a pullback would be expected. Whatever happens, it's coming soon.

Doug R