The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Doug R who wrote (33911)	2/11/2000 9:24:00 PM
From: bruce-l	Read Replies (1) of 79273

Doug; Time for a little cash ya think? Since you brought it up, I had cash but jumped on CSRE, PCOL and LJPC this week. Now where does a person find more cash? Time to start cranking up stops<gggg> Now to a more pressing issue, just found out our company is changing 401K administrators and we will be locked out from Feb 15 to Mar 15. Any words of wisdom. Thinking about going 50% cash. I started to get a little concerned after the in3drsi hits had a 2 day back to back increase on 1/24-25/00. The indexes all fell right away. However, since then the NASDAQ and R2K have rose to new highs with the DOW and S&P 500 going lower. Bobservantdog astutely pointed out last week (boy he is good) that the 3drsi was dominantly NASDAQ and the in3drsi was mostly DOW stocks, this is still the case as of today. The pre3drsi and prein3drsi hits are also at a virtual lock (22 to 20). So I guess the question is, who is going to control the markets going forward, the DOW bears or the NASDAQ Bulls. I don't think this divergence can keep up much longer. bruce

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