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Strategies & Market Trends : Keep Your Eye On The Ball - Watch List

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To: TFF who wrote (1902)12/8/2001 11:08:29 AM
From: TFF  Read Replies (1) of 2802
 
Weekly Market Mood

DJIA - support 10000 resistance 10,400
S&P 500 - support 1150 resistance 1200
Nasdaq 100 - support 1500 resistance 2000

Dow - testing bottom of range
S&P 500 - testing bottom of range
Nasdaq 100 - trending higher

Negatives

terrorism fear
recession/earnings warnings fear
Argentina fears
too far too fast fear?

Positives

lack of earnings warnings
anticipated fomc move
anticipated end of year institutional squeeze
18 mth contraction in stock prices
limited reaction to Argentina crisis
limited reaction to terrorism
positive reaction low rates
low commodity prices
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