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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Ditchdigger who wrote (20246)	6/12/2000 8:42:00 PM
From: Ken W	Read Replies (2) \| Respond to of 29382

DD: I gotta go with James on this one buddy. I know you guys are talking about the comp. but I like to look at the big 100 instead. They track each other close enough as to be of little difference. 207.61.23.98 IMO there needs to be a test of about 3400 on the NDX..comp. looks identical to me. The move from the last low was too steep to hold as we discussed when it happened. Wish the traders would just cool their jets a little and let this thing work a little. Anyway, if the test is sucsessful then we should see a bounce off the 200dMA by the 50dMA and the summer rally they have all been looking for. Of course all of this is spoiled on a daily basis by this and that report, greenspan (small g intended) not to mention every egg headed analyist from every boiler room running his or her mouth. Interesting article in the SF paper over the weekend about the SEC beginning to look in to recommendations on CNBC, CNN etc. as to their holdings prior to the appearance on TV...FINALLY!!! What, no more evil daytraders to hunt? Ken