[RT] Re: markets/outlook for 5-10 days

[Jpilleafe@xxxxxxx]

In a message dated 3/17/00 7:30:11 AM Pacific Standard Time, 
patterntrader@xxxxxxxxxx writes:

<< there was a reversal off a multi-day low yesterday in the Nasdaq - on an
 INCREASE in volume. >>

Phil...I know that,..but the focus of my question is the Dow-30 and 
S&P500,...which have been out of sych with NASDAQ past week.  
Again,..the question is for the Dow and S&P500,...why would 
yesterday's short covering inspired rally imply additional upside ....
as opposed to being a B Wave rally,..with further downside possible?

Thanks...JIM