Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: mishedlo who wrote (68368)	5/16/2002 6:42:16 PM
From: westpacific	Read Replies (1) of 99280

Mish - it is about DOW Theory, the Transports and the Utilities cannot break technicals for the DOW to rally. Right now both are in major bearish formations from today!!!! The Transports broke out to the upside bact in October and have been bullish since then, this week they fell back below key support on that breakout!!!!!! The Utilities also broke out in January and fell back below key support this week!!!! THIS IS ALL VERY,VERY BEARISH!!!!!!

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