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Strategies & Market Trends : Charts on Near Term Uotrends

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To: Jibacoa who wrote (214)2/11/2000 3:56:00 PM
From: Jibacoa  Read Replies (2) of 1404
 
THE MARKET

The "market" remains on a "correction" course, to say the least.

The DOW down again more than 200 points and the NASDAQ down 88 at present. The S&P down 36.

The DOW could come down to test the "support" at the October 15 & 18, 1999 Ls (9998 & 9976). At present it can not resume the up-trend until it can close above 11050 and it seems is going to need some "consolidation" or base formation before reversing the present down-trend.

Some of the stocks temporarily swimming against the current today:

AMSWA ARIA GGNS IENT VSNT SLNK DKEY LAKO PRCY IMDS N EWEB OPTK XICO WINR CLTX SSET CDO TCSI

Good luck to all.

Bernard
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