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To: Judy who wrote (23425)2/11/1999 3:43:00 PM
From: wmwmw  Respond to of 50167
 
Today's market action looks like Tuesday, except on opposite direction.
Guess tomorrow have a pull back.



To: Judy who wrote (23425)2/11/1999 3:54:00 PM
From: James Strauss  Read Replies (3) | Respond to of 50167
 
Relief Rally??
~~~~~~~~~~~~~~~~~

Judy:

We appear to be having a relief rally today...
quote.yahoo.com

Nice A/D but not overpowering... The New Lows are almost 100... The New Highs are less than 30...
decisionpoint.com

This is not what Bull moves are made of... We need to see a continuing A/D improvement with New Lows dropping below 40 an New Highs climbing towards 100... Until then, this rally is suspect...

Jim



To: Judy who wrote (23425)2/11/1999 4:03:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 50167
 
Judy,
I babysit. Though often I cannot be diligent about it due to that "work" thing. I have exited most of the calls that I entered on Tuesday within the past hour or so, because I will not be able to watch the market much tomorrow. And frankly, though I expect some strength tomorrow, I am not convinced of it. Just seems like a better idea (for me) to sit this one out until I can see a clear direction. If tomorrow is another up day and some of the leading indicators don't reflect it, I will load up on puts again.

BTW: For those that are interested, Orbit was kind enough to put together a list of P&F reference links.
#reply-7766273

Tom