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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude -- Ignore unavailable to you. Want to Upgrade?


To: Woody who wrote (28512)4/15/1999 10:29:00 AM
From: Doug R  Read Replies (1) | Respond to of 79227
 
Woody,

What I get out of the S&P is that this swipe down will lead to a swing up into the end of the month...then a probable drop to just over 1200. I am having a problem discerning whether or not that will hold though. Under that is 1125 or 1130. I'm going to have to play it by ear as it unfolds it seems.
The trigger will be a break below the current uptrend from the 10/8 low to the low on 3/24. If this line holds, I'll be extremely surprised...and ...wrong.

Doug R



To: Woody who wrote (28512)4/15/1999 11:31:00 AM
From: jsavage  Read Replies (1) | Respond to of 79227
 
Woody,
ASTN

What do you make of the activity this a.m.? It's been selling consistently @ 5 1/8, about 80 % of the last 100k in the last 30 minutes or so, the ask size has been at 500 the whole time. Good, bad or indifferent?
Thanks
Jeff