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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01 -- Ignore unavailable to you. Want to Upgrade?


To: James Strauss who wrote (6420)8/4/2000 2:58:20 PM
From: James Strauss  Read Replies (2) | Respond to of 13094
 
The Market...
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Market breadth has improved today... the Utility index is hitting new highs day after day... This is hinting that the FED may be done raising interest rates... The Reversal on Thursday might have put in a floor under this market... Next week's direction could very well be the same as the interim term market direction... The NDX is showing a steady movement above a two trendline wedge... Look for a close above the 3640 area as a short term positive...

Jim