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Politics : Idea Of The Day

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To: IQBAL LATIF who wrote (36432)	1/18/2001 12:14:22 PM
From: James Strauss	Read Replies (1) of 50167

Ike: The selling is drying up on the Nasdaq as evidenced by the shrinking New Lows... finance.yahoo.com As for the NDX, we have the 2 day and 5 day MA's above the 13 day MA... stockcharts.com[L,A]DACLYYMY[PC34!C13!C5][VC60][IUB14!LA12,26,9!LK14] We are at a critical breakout or breakdown point... We either break through to 2900 or retrace to 2500... The Reward/Risk is 326 upside to 74 downside or 4.4 to one... I'll take those odds over the next 10 days... : > Jim

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