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Strategies & Market Trends : The New Economy and its Winners

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To: Bill Harmond who wrote (8285)8/12/2001 2:01:24 PM
From: Mark Fowler  Read Replies (1) of 57684
 
Bkx, It looks like coming back to test July lows, then will evaluate when it does... looks tired though. The IIX looks like it'll test lows minimum now. Most these indices look like they're locked into broad channel downtrend. No conviction either way with longs or shorts... But it looks like the bulls are loosing.

the Sox it needs to break 650- 712 yet.. Sox could be potentially bullish! Fridays bounce looked weak, it could come back to 530 for another test.
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