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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: mph who wrote (1024)	4/14/2000 11:18:00 AM
From: John Pitera	Read Replies (1) \| Respond to of 33421

It doesn't look like they are not going to prop this mkt up into the close. you know I have no momentum divergences on the daily NASD chart. I'm going to run a more comprehensive study, but look at this geocities.com statistically we just about always bounce at the 200 dma. It's just a shame that it's coming on a friday. Kathleen Hayes was just on cnbc and she says that the FED will consider a 50 point rate hike in May. I think that's nonsense, and she looked like she was kind of grinning but at least that will help to build fear. John BTW it was a compliment, it's a nasty day for many folks today.