Ask DrBob Message Board - Msg: 19876241

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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject	3/4/2004 1:29:33 AM
From: Drbob512	of 100058

*** TA Update (March 3) *** The markets were amazingly flat today as the a/d's and u/d's for Nasdaq and NYSE were all about 1/1. The Nasdaq McC Osc is -2, unchanged from yesterday, implying a large move within 4 sessions. The NYSE Osc was changed by only 5 and is at +2. Big move coming up it would seem. The USD rallied again but closed well below its highs of 89.8 to close at 89.17, perhaps a key reversal. Gold fell to 388 support mid-day and closed at 392 while silver traded in a narrow range and closed almost unchanged. Bonds were down and energy complex was also down a bit.

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