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RE: [RT] lower low for tomorow



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A break of 775 
would be disasterous.......
wow - look at how 
they are bouncing that 780 level.....like a superball...
 
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  <FONT face=Tahoma 
  size=2>-----Original Message-----From: Bob Heisler 
  [mailto:BHEISLER@xxxxxxxxx]Sent: Wednesday, October 09, 2002 7:22 
  AMTo: realtradersSubject: RE: [RT] lower low for 
  tomorow
  Last week the Dow tested its lows from July and 
  we had a bounce off the double bottom.  That rally ended up to 
  be another in a long line of 1-day wonder rallies and we went on to break 
  those July lows and are still trading under them.
   
  Yesterday it was the S&P's turn to test its 
  July lows and once again we had a double bottom bounce, but 
  yesterday's rally was even less impressive than last week's.  Volume was 
  heavy but the tape was mostly negative and we had another very weak close 
  after failing to break through a key resistance level late in the session 
  (again).  It sure looks/feels like the 775 July lows will be breached 
  shortly.
   
  I hope you and Clyde are right though since I'm 
  not anxious to see how far down we can go if 775 becomes 
  resistance.
   
  Bob
   
  
  
    
    
      From:  "Hill, 
        Ernie" <<A 
        href="http://groups.yahoo.com/group/realtraders/post?protectID=070212234009056091170056001064114239248237196214183130252055210";>ernie.hill@xxxx> 
        Date:  
        Tue Oct 8, 2002  11:18 pm<FONT 
        size=+0>Subject:  RE: [RT] lower low for 
        tomorrow
    
      
        
          
          
            Clyde,You 
        usually post a graphic. How far up does Fourier suggest. My 
        worksuggests 816-818.E<A 
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