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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (34580)	10/9/2000 9:51:10 PM
From: PMG	Read Replies (1) of 50167

I dont know if it will really go up now as everybody expects it ... I find SPX looks very weak now, all these dojis on the hourly chart and the close just above 1400. Maybe today was just trading and some traders loading up some long positions towards close? DJIA also very weak, only NDX (the stocks everybody looks upon) was acceptable. Todays action was also a little too predictable. First up day for XAU in 8 days. Oil > $32 in after hour trading. Still more advancers than decliners. After a morning rally it could easily fall below the open and if momentum is there (and it will be) everything's open again... Regards PMG

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