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Politics : Idea Of The Day
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To: James Strauss who wrote (32409)8/8/2000 5:02:43 PM
From: Peace  Read Replies (2) of 50167
 
Jim,

I am expecting lower prices too but I think we get to NDX 3800 first. %R has more room to get overbought before we change directions. ADX was slightly negative but I think a lot of people were in a wait and see mode (CSCO earnings). So far the market seems to like the CSCO news with the stock up 2 1/2 points from the close and NDX futures up 40. We will see what happens tomorrow.

Peace
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