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Strategies & Market Trends : Sharck Soup
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To: Sharck who started this subject6/7/2001 11:50:42 AM
From: besttrader  Read Replies (2) of 37746
 
11:48 ET WorldCom (WCOM) 18.42 +0.05: Hearing that the Dow Jones wire is running a headline stating that CEO Ebbers says that no one has expressed interest in buying WCOM.




11:36 ET Nasdaq Composite : -- Technical -- Solid reversal off the low fails for the second day in a row to take out resistance at the Jan/May trendline (2250). The weak posture of the intraday readings, the extent of the slide thus far and follow through beyond 2226 would raise the possibility of a run back to the 2205/2200 area.
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