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Strategies & Market Trends : John Pitera's Market Laboratory
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To: Terry Whitman who wrote (3896)5/23/2001 2:17:53 PM
From: John Pitera  Read Replies (1) of 33421
 
Terry, have you noticed that 70% of NYSE stocks are trading above their 200 dma and that 80% of stocks
are trading above their 10 week MA. these are certainly overbought territories.

The euro has really been getting trashed the past few days. Yet the dollar has been getting roughed up by the
Yen today, it's been a good day to have been long Yen/short Euro on the cross.
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