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Strategies & Market Trends : Sharck Soup

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To: Sharck who started this subject	4/18/2001 2:15:00 PM
From: besttrader	of 37746

Trader Alert: MSFT, NDX/COMPX, Sentiment Posted By: dieQQQ Date: Wednesday, 18 April 2001, at 11:48 a.m. MSFT: Clears the critical 200-Day Moving Average for the first time since 4/4/2000. COMPX & NDX: Cleared the 50-day Moving Average for the first time since January. Close above will set-off further buying waves. Sentiment: Public will not "buy" this rate cut. Previous two rate cuts have given nothing but loses. As they watch the market rise and a second wave of buying hits, they will panic...and once again buy at the top...where the bears are waiting with open mouths.

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