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To: Judy who wrote (23688)2/20/1999 7:27:00 PM
From: nextrade!  Read Replies (1) | Respond to of 50167
 
Judy, do you have any thoughts you might share in regard to the current advance decline numbers on both the NASDAQ, and NYSE?

decisionpoint.com

decisionpoint.com

Over recent sessions the S&P has traded in a range in which I would expect to be broken, either above 1258 or below 1215, this week. If we do get the move upward, could it be sustainable? The good news continues to be found (or told) for the economic fundamentals and I'm trading the opportunities on both sides of the market, but it sure seems market risk is very high. These charts, and that NASDAQ divergence!!?!! <g>

Any continued thoughts would be of great interest. Thank you in advance.

Its interesting to see Tom's comments of what expiration forces do to the P&F charting. Mark Cook, the S&P futures trader from the mid-west has said he refrains from his short term trading after the bond market close each day of expiration week as well as the entire day Friday for the very reasons you point out.