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Politics : Idea Of The Day

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To: wmwmw who wrote (23465)2/12/1999 2:44:00 PM
From: James Strauss  Read Replies (1) of 50167
 
Wang:

The Transports are at a critical point...
iqc.com

From the chart you can see the possibility of a double bottom formation... For this to happen, the Transports need to bounce... Otherwise, this area of support would be broken to the downside... The Transports have been a leading of market direction... So, a downside break of the 3100 area would not be a good sign for the overall market...

Jim
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