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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: vegetarian who wrote (49362)8/5/1998 4:03:00 PM
From: SE  Read Replies (1) | Respond to of 58727
 
NYSE

New Lows - 551
New Highs - 8

NASDAQ

New Lows - 548
New Highs - 13

Wow.

Scott



To: vegetarian who wrote (49362)8/5/1998 4:07:00 PM
From: donald sew  Respond to of 58727
 
M.Carter,

>>>>> I bet the market internals stink in spite of the last minute buy programs. How many times can they do it with current conditions would be interesting. This slow bleeding somehow is ominous and indicating that there is a lot of downside left. If we were resume bull with a bounce we would have done it about now. <<<<<<<<

Don't get me wrong since I agree that the market internals are awful and it cant continue unless they improve dramatically, not just a little.

However, that does not mean that the market cannot pop on HELIUM. I still have my calls and expect some follow-thru at least tomorrow.

This POP will end and we, most likely will go lower and produce lower lows. The question is when will this POP end. Got to do some research.

Seeya