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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (35567)	12/4/2000 11:46:14 AM
From: James Strauss	of 50167

Following The Indicators... **************************** Ike: A look at the one month NDX chart shows the 2 day and 4 day MA descending... bigcharts.com Momentum is below zero and MACD is negative... William's %R is neutral to positive... I'd have to see the 2 day MA cross the 4 day MA to the upside along with Momentum, MACD, and William's %R before I'd say we have a bottom... We would at least have to see this happen on the one month chart... Then, I'd be looking for a crossover of the 13 day MA, presently in the 2740 area... Until all this happens, we remain in the claws of the BEAR... Jim

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