Charts on Near Term Uotrends Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Charts on Near Term Uotrends

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jibacoa who wrote (216)	2/18/2000 3:48:00 PM
From: Jibacoa	of 1404

THE MARKET As I said on Feb.11 the "market" remains on a "correction" course to say the least. The DOW is down today 260 points, the NASDAQ 114 and the S&P 37. The DOW has tried to hold in the last few minutes at the 10200 level, but no reversal as yet on the one minute chart. The next resistance is at the 10300 and no intra-day reversal until the 10370 level. It is below the L of Feb.11(10357) The next support level is at the 9970 to 10000 level, which is the L of Oct.99. If that doesn't hold, the next support seems the Jan.99H at 9647. Will see how it closes today. We have less than 1/2 hr. to go. More importantly will see how the market performs on Tuesday Feb.22 We have a long week-end. I am glad that I have been able to increase my cash position pending resolution of the market trend. Some stocks swimming again the "current" today: TCLN BIOM MWAR APLX JGLN FMO ATEA ASYS ALAN DKEY PNJA AZTC SEEC ARIA ZOLT AVXT IMNR ISSI PIXT CAMD GNBT DBCC EWEB ADSP TMED EVTC But in general, it is better to have some cash handy and keep your power dry. Good luck to all. Bernard

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next