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To: Sarmad Y. Hermiz who wrote (58038)5/23/1999 8:29:00 PM
From: Bill Harmond  Read Replies (3) | Respond to of 164684
 
>>Which is why I said coasting down.

Actually the low of the move for the DOT was seen on the sixth day. The rest of the correction has been retesting at higher lows.

If you look at the MACD for the leadership issues, they are very vulnerable, the most vulnerable ever. No technician in his right mind would be long here. That's why Monday's reversal and Wednesday's upside follow-thru should be taken seriously. TA says they shouldn't have happened. The stocks should have broken lower.