oversold rally ?

topten · Mar 10, 2004

Position traders alert!

Oversold rally will take us higher tomorrow.

pspr · Mar 10, 2004

Looks like today may be base building around support.

waggie945 · Mar 10, 2004

Just came out with a 2.47 bid to cover ratio.

This will take the S&P's down to the 1135.00 level for a pretty substantial test . . . S1 = 1134.80

Mecro · Mar 10, 2004

S&P got some range, wow. Why are the stocks so stagnant?

topten · Mar 10, 2004

for trading...

however, the last 2 hours of weakness in the Nasdaq has been lackluster.

-position long until stopped out

BSAM · Mar 10, 2004

Quote from Mecro:

S&P got some range, wow. Why are the stocks so stagnant?

Mecro.....

(Stagnant)? What are you trying to trade?

Weasel · Mar 10, 2004

Nasdaq 100 rolled over on Mondays action to break a triple bottom on the point and figure charts. Short the Q's baby! I'd like to see the dow pull back to 9950. I'd buy the dips on the listed big caps. A pull back on the dow or s&p could just be some orderly consolidation for another leg up.

xtrader · Mar 10, 2004

lack of volume and conviction on today's weakness

It is likely that we will close higher...

lindq · Mar 10, 2004

Quote from topten:

Position traders alert!

Oversold rally will take us higher tomorrow.

I agree. Stocks that should benefit with a bounce off the bottom: CAT, THO, ETN, DBD, BBY

Mvic · Mar 10, 2004

lexr will be good for a $1 at least.