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I mention tech stocks, but look at the Nasdaq, OEX and the Dow cash. If this
is the case then the index futures haven't hit new lows either, the S&P, the ND
or the DJ.
MS wrote:
> Hello Ira,
>
> I curious as to which market old lows are you talking about? Stocks,
> stock options, stock indexes, commodities?
>
> I can only work with "what is"....not "what ain't".
>
> you wrote:
>
> > Am I missing something? With all of this bad news, bad earnings, etc.,
> > we haven't been able to take out the old lows. The momentum of the
> > decline to date has been minimal based upon the slope of the current
> > price decline. I have price projections that are substantially lower,
> > but wonder why price is having such a hard time going lower. Key tech
> > stocks are not breaking to new lows as yet. This could change by the
> > end of the day, but right now that doesn't appear to be the case. I am
> > wondering if a bullish short term scenario isn't building. It is not
> > what I see that causes me to think this way, it is what I don't see.
> > Ira
>
> > To unsubscribe from this group, send an email to:
> > realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
> > Your use of Yahoo! Groups is subject to http://docs.yahoo.com/info/terms/
>
> --
> Namaste',
> Mark
>
> To unsubscribe from this group, send an email to:
> realtraders-unsubscribe@xxxxxxxxxxxxxxx
>
>
>
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