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


To: shasta23 who wrote (27477)7/27/2000 11:45:12 AM
From: Johnny Canuck  Respond to of 68426
 
Wholesales panic is gripping the market this morning. Everything is down no matter what the story is. It looks like we just bounces off the support level at 3850. It looks to have held for now, but the morning low usually does not come till 12:45 EST.

Thu Jul 27 11:40am ET - U.S. Markets close in 4 hours 21 minutes.
Dow 10549.71 +33.23 (+0.32%)
Nasdaq 3870.37 -117.35 (-2.94%)
S&P 500 1448.84 -3.58 (-0.25%)

NYSE Volume 504,949,000
Nasdaq Volume 730,885,000
30-Yr Bond 5.770% -0.040


RETAIL 8 -0.5% Edit Delete Compare
SOFTWARE1 13 -2.3% Edit Delete Compare
DSL 6 -3.6% Edit Delete Compare
DWDM 15 -0.3% Edit Delete Compare
Financials1 7 +0.6% Edit Delete Compare
Carriers1 6 -4.9% Edit Delete Compare
Telecom Construction1 3 -10.1% Edit Delete Compare
networkers1 6 -2.3% Edit Delete Compare
Contract Manufacturers 5 -3.8% Edit Delete Compare
Telecom Equipment 18 -4.2% Edit Delete Compare
Tier 2, D-WDM 15 -2.8% Edit Delete Compare
Broadband Cable 1 8 -3.7% Edit Delete Compare
Harry's current watchlist 32 -2.3% Edit Delete Compare
DOW 10 +1.2% Edit Delete Compare
XML 15 -0.7% Edit Delete Compare
Internet Security 20 -0.6% Edit Delete Compare
Supercoductors 5 -3.6% Edit Delete Compare
Bull Sector-optical 84 -2.4% Edit Delete Compare
Satellite Stocks1 3 -2.9% Edit Delete Compare
Strong Stocks March 16 Correction 22 -2.0% Edit Delete Compare
Biotechs 9 -2.6% Edit Delete Compare
CHIP EQUIPMENT 13 -5.9% Edit Delete Compare
CHIPS1 18 -6.3% Edit Delete Compare
MEMS 2 -0.6% Edit Delete Compare
April 11 strong stocks1 16 -2.4% Edit Delete Compare
Day Traders 12 -3.2% Edit Delete Compare
Genomics 9 -2.0% Edit Delete Compare
Incubators 8 -5.5% Edit Delete Compare
Internet Sector 12 -6.3% Edit Delete Compare
Flat Panel Displays 3 -3.7% Edit Delete Compare



To: shasta23 who wrote (27477)7/27/2000 12:42:50 PM
From: Johnny Canuck  Respond to of 68426
 
Charts of the Sp500 and COMPX are a real mess today. SP500 system on a continuation signal. 1440 needs to hold or we are in trouble. COMPX is on the verge of a buy signal but the configuration is such that the signal could turn into a continuation signal if we stay of the 3860 level for any period of time.