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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Paul Shread who wrote (26088)7/27/2000 11:11:20 AM
From: donald sew  Respond to of 42787
 
Paul,

It is common for the SPX to straddle somewhere in the middle of the DOW and NAZ, which is what it is doing today, so basicly the SPX is flat.

The lack of a rally of the NAZ is really offset by the rally in the DOW, and with the SPX relative flat, my position is that the overall market is flat today, so far.

Flat days are commonly DOJI's which is common at pivot points. Im not expecting a huge rally, just that we are at/near a short-term bottom.