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Brent -
What do you mean by lack of follow through? To me it looks like the dow
is up a few hundred points from last Thursday, breaking through its 200
day moving average. I would expect considerable resistance at this point,
but as of this morning, it's just blowing through.
Larry Lewis
-----Original Message-----
From: "BrentinUtahsDixie" (reply to: brente@xxxxxxxxxxxx)
[SMTP:brente@xxxxxxxxxxxx (MIME) (actually from:
owner-realtraders@xxxxxxxxxxxxxx)]
Sent: Monday, October 19, 1998 10:35 PM
To: realtraders
Subject: Gen: Dow something in the air.
Group,
Looked over my Spoo and Doo charts tonight, a mini congestion pattern and
several indicators combined with the new moon indicate to me that a big
happening may be at hand. Direction isn't clear but the lack of follow
through from last Thursday makes me think more bearishly. Good Trading.
Brent
Note: This is not a recommendation to buy or sell anything. Trade at your
own risk.
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