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Strategies & Market Trends : Trend Setters and Range Riders

MSFT 485.49

+1.8%

Nov 26 3:59 PM EST

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To: Connor26 who wrote (21590)	7/31/2002 8:11:52 AM
From: Susan G	Read Replies (1) of 26752

It was a short squeeze in the futures, Europe was strong, but it's almost all gone now. Shorts hit that 20 EMA daily again... Pretty amazing that our open is based on Europe buying or selling our futures, when they follow us around LOL. Meaningless anyway with this GDP number coming out... We will know which ay we are going today after the futures settle down after the 8:30 release. But there are more numbers out later in the morning too, so the open is going to be a MINEFIELD... A break of 1350 and yesterday's high around 1354 will be a hint we are going up...1360 is the breakout on the nasdaq, 1390-1400 is a wall of resistance and below 1330-1327 means trouble. Below 1313 means watch out and below 1300 means look out below <g> All the areas to watch are on these charts. Message 17815933

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