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


To: dennis michael patterson who wrote (14082)8/6/1998 10:26:00 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
what is worrisome is the lack of the oversold rally.

i was expecting a V shaped pattern where the oversold rally would take us up another 100-200 points up..

however, it seems like we are forming an L-shaped pattern - where we have gone down, but staying flat on the oversold "rally".

that is worrisome. this is because on the next downwave, we will be hitting lower lows.