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I would hardly want to be confused with a raging bull, however this rally
has been on very strong NYSE and NASDAQ A/D volume and looks like it has
legs. If SPX can take out high of 931.77, this thing could be in for a good
run ... 984 is in range and 1055 is possible. All bets are off if the A/D
volumes deteriorate into the close. So far, the A/D volumes have pulled back
modestly and the rally is flagging out in the 25% retracement area.
Earl
----- Original Message -----
From: "BobR" <bobrabcd@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Thursday, January 09, 2003 10:57 AM
Subject: Re: [RT] What is the Hurst thinking
Been a busy day. What now? If you took the long last night, then I would
exit now, if you haven't already. Nastick is sick. Max move has been made
at +0.382 of yesterday's range added to high of yesterday. Percent move
also has run its course. Odds are most of the money has already been made
today. No QQQ chart here cuz of screwed dtn data so use NDX.
bobr
----- Original Message -----
From: Clyde Lee
To: realtraders@xxxxxxxxxxxxxxx
Sent: Thursday, January 09, 2003 9:35 AM
Subject: [RT] What is the Hurst thinking
This thing told me to go long last night and I did not.
What now ? ? ?
Clyde
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Clyde Lee Chairman/CEO (Home of SwingMachine)
SYTECH Corporation email: clydelee@xxxxxxxxxxxx
7910 Westglen, Suite 105 Office: (713) 783-9540
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