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Strategies & Market Trends : Keep Your Eye On The Ball - Watch List

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To: TFF who wrote (163)11/15/1998 8:36:00 AM
From: TFF  Read Replies (2) of 2802
 
I was just thinking we were in for a leg up. The Nasdaq and Dow seemed to have been diverging for awhile. The last few days has seen that divergence narrow. The Dow made a nice move on friday and seems to have broken out of it's short term downtrend/consolidation. The fact that it is doing this BEFORE the fed meeting makes me think it will cue off that event and make a leg higher. The techs seem ready to make moves above previous highs esp. INTC.
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