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Strategies & Market Trends : John Pitera's Market Laboratory

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To: John Pitera who wrote (706)4/3/2000 8:29:00 AM
From: GROUND ZERO™  Read Replies (1) of 33421
 
John,

The DOW is slipping away from the median line which has been holding it... a lower opening this morning will make it difficult for the DOW to return to that line... also, the open interest and the volume has been drying up for the SP futures on the recent rally from the February and March lows made a few weeks ago, the last time that occurred was in early January and the SP's fell from 1514 to 1408 in a straight line... does history repeat itself? Who really knows... but, it looks like a short to me.....BWDIK

GZ
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