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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Johnny Canuck who wrote (24773)1/10/2000 6:59:00 PM
From: d. alexander  Respond to of 68461
 
Harry; thank you, another good site!

In case you're missing Mr. Worden, he opines an intermediate downtrend on the Dow, in spite of new high. If he's right, some of the promising charts might be seen in a different context?

If the Naz pulls back & makes a lower low, even more textbook.

And Bernie the bull...

For morning of 1/10/00: The expectation is that the volatility will continue, at least for a little while longer. For the short term, the OEX is likely to hit two percent targets both above and below the current level. Looking further out, the upside remains clearly favorable. A four or five percent gain within two weeks is not an unreasonable expectation.

Dorothy