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Exactly....a 15
minute break does not hold much water......the reversal up that followed
the 768 move was very powerful.
<FONT color=#0000ff
size=2>
Both the Yahoo
earnings news and the jobs report were positive.....but this market remains
somewhat skeptical....
true test is :
Have the "buy on the dippers" returned from their long, long vacation yet
?
When
(and IF) they do, then this market will finally show some longer
trends.
<FONT color=#0000ff
size=2>
<BLOCKQUOTE
style="PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #0000ff 2px solid">
<FONT face=Tahoma
size=2>-----Original Message-----From: Bob Heisler
[mailto:BHEISLER@xxxxxxxxx]Sent: Thursday, October 10, 2002 10:58
AMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT] lower
low for tomorow
Breached but the bears couldn't hold it.
Interesting day shaping up...see what they can do in the last
hour.
<BLOCKQUOTE
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
----- Original Message -----
<DIV
style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From:
M.
Simms
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx
Sent: Wednesday, October 09, 2002 9:20
AM
Subject: RE: [RT] lower low for
tomorow
A break of
775 would be disasterous.......
wow - look at
how they are bouncing that 780 level.....like a
superball...
<BLOCKQUOTE
style="PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #0000ff 2px solid">
<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
href="http://groups.yahoo.com/group/snpforecasts";>http://groups.yahoo.com/group/snpforecasts<<A
href="http://groups.yahoo.com/group/snpforecasts";>http://groups.yahoo.com/group/snpforecasts>
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