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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: DD™ who wrote (1290)10/1/1998 4:22:00 PM
From: stock bull  Respond to of 15132
 
DD, did Brinker ever discuss the situation, wherein, we retest the lows, but on higher volume? I agree that this test doesn't seem to be what Bob has been talking about. Therefore, I suspect we are going to correct and brake through the -20%. The question is, by how much?

Stock Bull



To: DD™ who wrote (1290)10/1/1998 4:30:00 PM
From: Justa Werkenstiff  Read Replies (2) | Respond to of 15132
 
DD: "A high-volume retest is not a very good sign."

Do you or anyone have the NYSE and NASDAQ volume figures for the day of the low and today? I see the NASDAQ traded 819.2m today and, if I recall correctly, it traded near twice that on either August 31 or September 1. The volume issue of today is relative only to the volume of the previous day of the lows. You could have a point but let's talk numbers.


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