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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (32178)7/7/2000 1:51:14 PM
From: Jerry Olson  Respond to of 50167
 
Also

the OEX has broken thru 800..very tough resistance..if we hold this..it would very bullish as well...

what with the FED on the sidelines for a month, and the empl# nice..we should move higher here on excellent earnings...



To: Jerry Olson who wrote (32178)7/7/2000 5:57:44 PM
From: PMG  Read Replies (1) | Respond to of 50167
 
...well, the 1180 proved to be a resistance and with the YHOO downgrade IIX has one less to count on. I think the highs on COMP, OEX were not that significant... I just think that the mood will rather be 'profit taking' on Monday morning which could set the direction for the day. What if todays Peak in COMP forms the center of a diamond with a tightening amplitude in the next weeks?

nice weekend
PMG