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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (2422)6/25/2000 11:39:00 PM
From: John Pitera  Respond to of 33421
 
This week we have several short term potential bullish influences.

1- RUT.X B2B and Genome stock additions on Friday

2-- CRA-Genome lovefest at the Whitehouse, we know
what will the first thing on tomorrow nights new and
on the top of the front page on tuesday.

3-- No Fed action

4-- end of Q window dressing

5-- Ge within a couple of bucks of it's 200 DMA and
is giving some momentum divergence buy signals,

expect a rally before at the 200 DMA

geocities.com

am I missing anything?

I'm concerned about the equity mkt in the bigger picture.

John

note from Ken........

Actually almost 700 new additions, including a couple of hundred IPO stocks. Some of these have floats as small as 3.5 million shares.

Many of the deletions are internet companies added just last year. Now the biotech companies and new B2B companies are being added. Wag the dog? Or dog chasing its tail?

Regards, Ken.