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Strategies & Market Trends : Technical analysis for shorts & longs

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Nov 14 4:00 PM EST

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To: j g cordes who wrote (36840)	4/25/2002 5:47:58 PM
From: Logain Ablar	Read Replies (2) of 68020

Jim: A NAZ 50 point chart. Notice we just put in a new O and are just above the April 2000 support. We break this then the 50 pt indicates the next support is the September spike low. stockcharts.com The 25 point chart shows support @ 1,650 and 1,550 stockcharts.com Maybe by then the sentiment indicators start to line up. The S&P 500. Not to worry Abbey is bullish. After all pro froma earnings should be fine this year. stockcharts.com I liked reading how TYC came up with pro forma cash flow of $1 billion yet GAAP basis is less than $100M and I didn’t see a balance sheet. Maybe I missed the balance sheet in the business wire release but of course who was the last company not releasing a balance sheet. The NYSE BP – well it hasn’t reversed yet. Maybe the data feed is wrong. stockcharts.com The COMP BP stockcharts.com The telecom sector. I can’t understand how its in bull alert. stockcharts.com The thing is if you pull charts up of GE (industrial & finance), IBM (tech), PFE (drug) to name 3. It doesn’t bode well for the overall market. Ok enough of being grim. Go pull up a gold chart. Tim

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