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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (47742)6/4/2000 7:20:00 AM
From: Gary105  Read Replies (1) | Respond to of 94695
 
there are many unfilled gaps on the breakout; nasdaq and qqqs are at 50 d MA now - is it resistance with bounce down to 200 d MA (where things get really interesting) or do the break above and (where things get interesting again) potential catalysts for breakdown:
1. international event (china/taiwan or mideast)
2. economic news which shows that economy is still strong requiring further fed action
3. warnings by tech companies on Q3 which is traditionally slow Q for techs.
4. jitters in advance of june 27th fed meeting



To: William H Huebl who wrote (47742)6/4/2000 7:45:00 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 94695
 
Who me? I heard it where first?...<g> I went short the DOW Index late Friday afternoon.....<g>

Message 13821119

Message 13822545

With bonds topping, the CRB Index breaking out, and the US Dollar on the slide, I don't know how stocks can move higher.....

GZ