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


To: Johnny Canuck who wrote (27160)6/26/2000 9:19:00 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 67804
 
Technology stock closing strong in the last half hour after spending most of the day at the bottom of their intra-day ranges which was close to Fridays close. Surge in buying probably triggered by end of quarter buying by fund that were trying to anticipate the Fed announcement. If the announcement is neutral, we should see an acceleration of buying as funds try to get in winners to show that they did not miss the rally.

Mon Jun 26 9:14pm ET - U.S. Markets Closed.
Dow 10542.99 +138.24 (+1.33%)
Nasdaq 3912.12 +66.78 (+1.74%)
S&P 500 1455.31 +13.83 (+0.96%)

NYSE Volume 889,060,000
Nasdaq Volume 1,312,333,000
30-Yr Bond 5.983% -0.049


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