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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	4/12/2001 1:43:57 PM
From: besttrader	of 37746

13:35 ET Dow +72, Nasdaq +51, S&P +14.36: [BRIEFING.COM] Steady progress being achieved by the major indices but the advance has not been accompanied by particularly heavy volume... Pre-holiday atmosphere has helped to contain overall participation but the ability to stage the solid recovery is clearly an encouraging development... Ability to rally in the face of negative news, on the earnings or guidance front (YHOO, LRCX, RBAK, retail sector) reflects the current positive bias... If the Nasdaq pushes to new weekly high the next resistance of interest does not come into play in the 1975/1979 area... SOX +37.46... DOT +8.95... XOI +4.12... BTK +22.49... NYSE Adv/Dec 1629/1276... Nasdaq Adv/Dec 1843/1245.

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