Daytrading Canadian stocks in Realtime Message Board

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Gold/Mining/Energy : Daytrading Canadian stocks in Realtime

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To: the Chief who started this subject	7/24/2001 2:22:03 PM
From: Vitalsigns	Read Replies (2) of 62348

SPX just a hair above its 1170 support. NDX already broke below 1600 must hold support. Dow at 10250 approaching its 10120 bounce support (which will not hold for more than a dead cat bounce as we approach it). and Nasdaq is sick. Once we broke 10500 Dow , 1200 SPX, 2050 Nas , last week , it was enough of a sign to get the hell out of the way. Now we wait for the selling on increasing volume which we are beginning to see this afternoon. The markets are finally coming to grips that the recovery will not happen this year and next year is still a question. We first must get through the next three months of bad numbers again in order to see if visibility is getting clearer. Even Greenspan failed to help the market today. Be very careful

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