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Strategies & Market Trends : The New Millenium Portfolio

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To: wlheatmoon who wrote (293)	2/7/2000 5:01:00 AM
From: John Pitera	Read Replies (2) of 540

The NASD is giving a pretty strong momentum sell signal on the daily chart, with the 2 all time highs this year occurring on momentum that is really dissipating. geocities.com. This indicates that we should be experiencing a downleg in the NASD that goes below the recent 50 dma low and may take us to the 200 dma. If we have not started a downleg by Weds. afternoon then a reevaluation of this shall outlook will be needed. John

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