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Politics : Idea Of The Day

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To: Peace who wrote (32317)7/26/2000 10:56:26 AM
From: James Strauss  Read Replies (1) of 50167
 
Peace:

The Market should be moving up but it's not...
bigcharts.com

A bull market is more aggressive than what we are now seeing... Even if the economic numbers are favorable for a rate cut tomw, we don't seem to have the conviction for anything more than a one or two day rally... But, the one year chart shows Stochastics and Williams %R in a very favorable oversold range...
bigcharts.com

So, we may continue in this trading range with a 3600 downside until the August FED meeting is a done deal...

Jim
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