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sylvester80

08/15/02 2:12 PM

#15930 RE: wahz #15927

I would agree that if we manage to brake through 1354 with volume it would be a good sign IMO. Hell, even without volume it would be a good sign. So now the question is, can we do it...

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Zeev Hed

08/15/02 2:15 PM

#15933 RE: wahz #15927

Many reasons, but my critical point wa 1350, not 1354, and we double touched it (and once more after my call). I think the critical period starts within the next half hour, if this post lunch rally can gather steams, then the danger is somewhat reduced, and your 1354 could happen. The turnips model tries to anticipate. The P/C ratio was just one factor, divergences between the tic and trin, for instance was another (now "healed").

Zeev