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To: Chris who wrote (26833)	8/4/2000 3:19:59 PM
From: Paul Shread	Respond to of 42787

Nasdaq struggling to top Monday's close of 3766.

To: Chris who wrote (26833)	8/4/2000 4:21:33 PM
From: Paul Shread	Respond to of 42787

SPX closed right below its 30 DMA.

To: Chris who wrote (26833)	8/4/2000 4:44:55 PM
From: el paradisio	Read Replies (1) \| Respond to of 42787

Chris,I think we should include NYA in the market analysis. NYA siliconinvestor.com This chart is very bullish and is missing only 7 points to blow off the top.... If the top will be taken....it will be a buy signal for overall market. NYA is "suggesting",that we will not have any further interest hikes soon. Here is daily chart...not upgraded yet... As you see NYA is above 20 and 50 MA already siliconinvestor.com Today was a very important day for this index. BTW,my reading is neutral on NDX momentum. Regards, el