Trend Setters and Range Riders Message Board

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Strategies & Market Trends : Trend Setters and Range Riders

MSFT 492.01

+1.3%

Nov 28 9:30 AM EST

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To: Connor26 who wrote (24021)	1/9/2003 12:39:19 PM
From: Susan G	Read Replies (3) of 26752

COMP and NDX are now trading over the 200 SMA, that critical test I mentioned a few days ago that should be watched...now it's critical to hold as a close below would be extremely bearish and empower the shorts again...remember, this is where the rally failed weeks ago, it broke through, closed above ONCE and that was the top of the move. NDX 1123 and COMP 1435 are the numbers to watch, that HAVE to hold into the close. SPX and INDU still lagging and not even close to testing the 200 day moving average yet...

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