Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: j g cordes who wrote (26362)	4/27/2000 7:19:00 PM
From: Johnny Canuck	Read Replies (2) \| Respond to of 71139

Strong reversal across sectors on the COMPX after early sell off due to higher than predicted ECI and lower GDP. Weakness in the DOW components. Anyone want to tell what happened to trigger this rally? I did not get a chance to watch all morning. How did go from down 116 to up 144 on the COMPX. I have been using ADCT as a gauge of the strength of the market as it was fairly valued stock. A break below the support level in the low 40's was to be a sell signal as the market would have lost all sense of valuations. We closed at a new high today, so indication are the selling is over for the COMPX and we start to go up from here. Thu Apr 27 7:09pm ET - U.S. Markets Closed. Dow 10888.10 -57.40 (-0.52%) Nasdaq 3774.03 +143.94 (+3.97%) S&P 500 1464.92 +3.93 (+0.27%) NYSE Volume 1,111,020,000 Nasdaq Volume 1,550,298,000 30-Yr Bond 5.993% +0.051 INTERNET 12 +6.4% Edit Delete Compare Telecom Equip 21 +4.6% Edit Delete Compare RETAIL 8 -3.0% Edit Delete Compare SOFTWARE1 13 +2.1% Edit Delete Compare DSL 6 +2.0% Edit Delete Compare DWDM 15 +3.8% Edit Delete Compare Financials1 7 -1.8% Edit Delete Compare Carriers1 6 +6.1% Edit Delete Compare Telecom Construction1 3 +5.6% Edit Delete Compare networkers1 5 +4.2% Edit Delete Compare Contract Manufacturers 5 +2.0% Edit Delete Compare Tier 2, D-WDM 15 +3.7% Edit Delete Compare Broadband Cable 1 8 +0.7% Edit Delete Compare Harry's current watchlist 32 +3.3% Edit Delete Compare DOW 10 -0.5% Edit Delete Compare XML 15 -0.4% Edit Delete Compare Internet Security 20 +6.5% Edit Delete Compare Supercoductors 5 +2.3% Edit Delete Compare Bull Sector-optical 84 +4.4% Edit Delete Compare Satellite Stocks1 3 +9.7% Edit Delete Compare Strong Stocks March 16 Correction 22 +6.5% Edit Delete Compare Biotechs 9 +2.0% Edit Delete Compare CHIP EQUIPMENT 13 +6.9% Edit Delete Compare CHIPS1 18 +7.4% Edit Delete Compare Clint's Financials 40 -0.9% Edit Delete Compare Clint's ECM1 6 +1.9% Edit Delete Compare MEMS 2 +4.9% Edit Delete Compare April 11 strong stocks1 16 +7.1% Edit Delete Compare