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To: IQBAL LATIF who wrote (31392)5/8/2000 1:10:00 PM
From: James Strauss  Read Replies (1) | Respond to of 50167
 
A Nasdaq Swoon...
********************
Ike:

The Nasdaq is on the precipice of breaking the bottom trendline of a Symmetrical Triangle in the 3720 area... A close below that level sends it on its way to test the 3400 area... A bounce from 3720 sends it toward the upper trendline at 3851... We are almost at the apex of this Symmetrical Triangle... So, something is going to happen soon...
bigcharts.com

Jim



To: IQBAL LATIF who wrote (31392)5/8/2000 1:11:00 PM
From: James Strauss  Respond to of 50167
 
A Nasdaq Swoon...
********************
Ike:

Poor market breadth right now...
finance.yahoo.com

bigcharts.com

Jim



To: IQBAL LATIF who wrote (31392)5/8/2000 3:00:00 PM
From: the options strategist  Read Replies (1) | Respond to of 50167
 
Hi IQ, question: Why is banking up in the face of high interest when almost everything else is down AND
why is transportation up when oil is up?

Thanks.

jj