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My NYSE models still looking good, NASDAQ models deteriorated yesterday.
This suggests that NASDAQ will retest its "bottom" within a few days.
Earl
----- Original Message -----
From: "Phil Lane" <patterntrader@xxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxxxxxxxxxxxxx@realtraders.com>
Sent: Friday, March 17, 2000 8:21 AM
Subject: [RT] Re: markets/outlook for 5-10 days
> there was a reversal off a multi-day low yesterday in the Nasdaq - on
an
> INCREASE in volume.
> This is usually a pretty good indication of a low and probably a
forthcoming
> intermediate-term upswing.
> It eliminates the need to figure out all the waves, sentiment,
economy, etc
> etc.
>
> rgds phil
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