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Strategies & Market Trends : LastShadow's Position Trading -- Ignore unavailable to you. Want to Upgrade?


To: Susan Saline who wrote (7194)1/26/1999 12:42:00 PM
From: LastShadow  Respond to of 43080
 
ERTS

Its in an oversold situation right now based on the Wiliams %R, so should start back up. Relative strength is pretty good given the rest of the market at 12-12:30 time frame. There is still some selling pressure on it, but since there is no volume sells, I'd say they haven't met their limits. I'd wait for some more buys to enter though

ls