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Politics : Idea Of The Day

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To: IQBAL LATIF who started this subject	10/13/2000 5:39:29 PM
From: Peace	Read Replies (1) of 50167

Nearly 2.1b in Nas vol. Not bad. Up/Down vol was very good though the A/D was not that great. P/C at CBOE 0.76 despite the huge rally. I was pleasantly surprised by the close on NDX above 3250. We should easily move to the 3600 area before we encounter serious resistance. Would like to see the A/D get better as the rally progresses. Usually the big caps & favorites get bought initially but a sustainable rally needs to see good participation. PMCS +32 (20%) on 12m vol. This is huge for a large cap stock. It's got to be more than just short covering.

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