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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Glenn D. Rudolph who wrote (858)	6/18/2000 1:50:00 AM
From: Mark Fowler	Read Replies (1) \| Respond to of 57684

Glenn i have a few shrs. i felt i bought a little late in it and to my surprise it has risen better than i thought. Right now i think it's over extended so would wait until a correction rolls through. now it's consolidating nicely here with the market and should move higher if market breaks out over 3880. However, IIx and Rut look like they could stand to rest here or could move back some on my indicators, so it's very iffy here -- short term caution. On the 30 yr. yield it can go for a retest of reversal lows at approx. 5.8%, if so then could be the push to move this market over resistance at 3880 near term. And if 5.8% is taken out, then el tanko down to approx. 5.6% another support area then consolidate between 5.6 and 5.8%. That will help to give this market a good shot upward towards 4200 - 4400 in the interm. happy trading!