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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: abstract who wrote (39607)	8/1/2001 1:58:20 PM
From: stockman_scott	Read Replies (1) of 65232

13:47 ET Nasdaq Composite : -- Technical -- Continues to trade towards the day's best levels on stronger total volume than has been seen in about two weeks -- also trading on very strong market internals. Though the index is somewhat overbought on the very near-term indicators, the Nasdaq's intermediate-term outlook would improve substantially on a close over trendline resistance at 2066. No real change to the intraday parameters -- to the downside support levels are 2066, 2060 and the area of 2045/50. To the upside, look for subsequent overhead at 2085

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