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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (49313)11/14/2000 7:26:19 AM
From: robert b furman  Read Replies (1) of 94695
 
OK,

Then it looks like it starts out with a pretty good head fake.

Maybe my house was hit with lightning ? My tv has these funny little + signs in front of all the futures.I haven't seen those in so long - I'll have to get out my math book<gg>.

Stocks in Europe had a good day on vodaphone's positive earnings - maybe Europe is growing?

I really was impressed with the resilience displayed yesterday by th Sox index.

Instinet pre-trading is up on big cap techies.

I think it's time to pay careful attention to volume. I had several stocks that didn't even get close to the low of October's morning meltdown(400 + dip in the dow Oct 19)Intt and Cohu and a strong retest on Nvls.

I may be wrong but it looks like yesterday was final retest of NAZ 3000.Any retest worth its salt has to momentarily break the support.This brings on the final wave of fear.Yesterday's sub 3000 close is certainly not bringing on that wave of fear. I think it may have already taken place - afterall it has tested 3000 SIX times over the last several months.

BWDIK

Bob
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