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Strategies & Market Trends : CANSLIM - COAST TO COAST -- Ignore unavailable to you. Want to Upgrade?


To: ST Trader who wrote (4594)4/19/1999 6:03:00 PM
From: James Wright  Read Replies (1) | Respond to of 6445
 
If you follow CANSLIM, the last two days on NASDAQ signaled a market reversal (declining prices from a market high on growing volume). The DOW seems to have confirmed that reversal today with its late day drop on exceptionally high volume.

This could be the beginning of a broad decline, or simply rotation away from high tech, big cap stocks.

Any thoughts?

-- Jim



To: ST Trader who wrote (4594)4/20/1999 3:03:00 PM
From: Feraldo  Read Replies (1) | Respond to of 6445
 
GTNR is on the move today on nice volume. Breaking out of the base either today or tomorrow.