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Politics : Idea Of The Day

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To: James Strauss who wrote (36811)	2/22/2001 9:11:58 AM
From: IQBAL LATIF	Read Replies (1) of 50167

note this...<<The Nasdaq's internal health is improving, despite the Composite's lack of progress. For while the Internet Index is trailing the Nasdaq itself (not surprising, considering its higher volatility...larger moves on the upside and downside), we like how things like the number of stocks reaching new 52-week lows and the advance-decline line are actually improving. Each time we've come down to the levels discussed above, new lows and the advance-decline line have improved! And that's often the first important sign that the sellers are running out of steam.>> I think we may see that 2250 and my 2085 may hold today, if not we will see 1225 test on a fast test of SPX..

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