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


To: j g cordes who wrote (26344)4/26/2000 11:52:00 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 71109
 
Jim,

>>The charts I sent seem to be lagging about 20 days for
>>trading purposes.. if so, then cyclicals, semi's and >>brokerages should be next followed by internets and >>network equipment.

Do you mean the spread sheet? I don't remember any charts.

I noticed the DOW transports and utilities ahve broken their down trends. Since these indices usually are looking 9 months ahead, whatever Greenspan is planning has already been priced into the market. This is at least painting a positive back drop. So far the financial and retailer are acting quite positively. If we get a positive close, the ECI numbers should be good for the markets.