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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?

To: Doug R who wrote (11562)	1/29/1998 2:17:00 PM
From: R. Ramesh	Read Replies (2) \| Respond to of 79270

DOUGGGGGGGGGGG SSAX was looking pretty oversold the last couple days. I would expect it to pull back some after this technical bounce. Watch for a higher low than yesterday with good volume on the day of that higher low. I'll wait until the weekend to see what the technicals say. My 1 min chart on quote.com (thru datek) shows two large purchase of 2M and 1M (yes million) shares around noon. The alleged large seller is supposed to hold only about 3M shares. Also look at todays volume 6M, about 10 times the normal per yahoo. Do you still exepct a pull back? Ramesh