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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (4876)1/8/2000 6:31:00 AM
From: JDinBaltimore  Respond to of 5676
 
Tippet,

I think you might be on to something - The DOW does it's thing but really dosen't play heavily into the major indexes - S&P, OEX, spxFutures, they are heavily weighted with the tech stocks. That majic support and resistance on NDX of 3500 was penetrated toward the close yesterday, I believe close was about 3528. This may be just the set-up for a hard sell into a rally on Monday. Also cpi & ppi next week along with trade. But they say that when the line of least resistance either up or down recieves news counter to the trend, it is just ignored. We'll see.

Regards
JDinBaltimore



To: yard_man who wrote (4876)1/10/2000 8:07:00 AM
From: MythMan  Read Replies (1) | Respond to of 5676
 
Won't be today given the AOL Time Warner mania....