Thanks Mike.
I think I see that today's intraday low breeched last week's close and low, but today's close did not breech last week's intraday low.
I presume then that we're not going with closes, but with lows. I'll put my wallet back in my pocket then.
Mike Scott <mike@???> wrote:
v\:* {behavior:url(#default#VML);} o\:* {behavior:url(#default#VML);} w\:* {behavior:url(#default#VML);} .shape {behavior:url(#default#VML);} st1\:*{behavior:url(#default#ieooui) } Duane,
Last Mondays intra-day low was breached on the NASDAQ and the S&P today.
Only on the DOW has Mondays lows held up. So technically we can only see a follow-through day on the DOW tomorrow with more than 1.91 billion shares traded.
Mike Scott
Tarzana, CA
---------------------------------
From: canslim-bounces@??? [mailto:canslim-bounces@???] On Behalf Of Duane Runnels
Sent: Monday, March 17, 2008 1:25 PM
To: Canslim
Subject: [CANSLIM] Rally attempt still intact?
I'm assuming since last Monday's bottom has not been breeched that we still have an intact rally attempt and tomorrow could be the Follow Through Day, assuming say the Nas goes up 37 on about 2.4B shares?
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