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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Electric who wrote (14012)8/5/1998 9:15:00 PM
From: Robert Graham  Read Replies (2) | Respond to of 42787
 
If we are going to get a bounce, I think it will happen tomorrow. I just find today's trading day very interesting. The market tested and retested its support and resistance, and remained pretty much in that trading range, even though we say some volatile periods. Usually the market end up picking a direction. If this was a normal bull market, as soon as the bottom was tested and validated, the market would of been up into a rally. This is why I see today as further evidence of how this market is changed and how much of a downward bias this current market has had.

Bob Graham