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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (44658)11/21/1999 2:37:00 PM
From: jjs_ynot  Read Replies (1) | Respond to of 94695
 
GZ,

25 Day Moving total on A?D just turned positive. This is sometimes a point of resistance.

Dave



To: GROUND ZERO™ who wrote (44658)11/21/1999 8:27:00 PM
From: robert b furman  Read Replies (1) | Respond to of 94695
 
Hi GZ,

Several weeks ago an oil analyst on CNBC postulated that inventory build up (the result of hedging y2k needs) would peak at yearend .He further stated a selloff of excess inventory would depress oil in Q 1. IBD's monday paper says friday was the last day to buy contracts to take physical delivery of crude.Might just signal the peak of inventory buildup.Now we must watch what kind of demand occurrs (natural gas got clipped friday)

Might be the things hyprbolic blowoffs are made of - stabilized rates until feb and a strong decline in oil !!!

Time will tell but I just have to think this top ,which is surely close will be spectacular - even for the small caps.

JMHO

Bob



To: GROUND ZERO™ who wrote (44658)11/21/1999 10:12:00 PM
From: wanmore  Respond to of 94695
 
suprise, suprise...GLOBEX NASDAQ futures up over 1100 bp