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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: lee kramer who wrote (92858)4/12/2000 9:00:00 AM
From: Jerry Olson  Read Replies (3) of 120523
 
Lee

the DOW is not in a downtrend...in fact it's only 450-500 points away from making a new high...

i have the DJIA at 11,450 as a double top breakout on P&F, lets watch this number...

as for the NAZ it's trying to make a bottom here...with fear rampant in the streets, my down side projections are only 3900 area...and earnings will help here...

they downgraded MSFT this morning, the futures tanked quickly, but have recovered to the plus side..i view this is a positive event..

i do have a cycle low coming in on Fri this week, then a big move up next week...after that??? qien sabe'...
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