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John,
Cycle low due now.
If we break the pattern
next week of
breaking the prior weeks lows and have a
higher
low; then this could be
an intermediate low and
not a one day wonder.
Volume Pattern
with
Today's
Price Reversal
could be Important.
My boyfriend brought
this
out to me; the key is
after an "extended" Decline
to
see this kind of volume
with
a Price Reversal like
happened today.
Time will tell if it is more than
a one day wonder!
Best,
Rhonda
<BLOCKQUOTE
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----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
John Cappello
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx">realtraders@xxxxxxxxxxxxxxx
Cc: <A title=MedianLine@xxxxxxxxxxxxxxx
href="mailto:MedianLine@xxxxxxxxxxxxxxx">MedianLine@xxxxxxxxxxxxxxx
Sent: Wednesday, July 24, 2002 9:23
PM
Subject: [RT] One Day Rally or Start of
New Trend
I am surprised to see little comment on whether the
rally today is sustainable or is it a one day wonder. I have personal pros
and cons for both positions but would be interetsed in hearing
others.JohnTo
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