The tendancy to "buy the dip" looks like it's going to yield a continued pattern of mid-day highs and weak closes -- assuming that we've finally seen an IT top. Yesterday and today appear to be setting up the same way. We'll soon see how the day closes . . . but another down close won't be very favorable for the bulls.
New pattern emerging
Started by
paulstan
, Jun 27 2007 10:54 AM
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