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To: ken-l who wrote (32466)	8/16/2000 8:23:35 AM
From: Jeff Jordan	Read Replies (2) \| Respond to of 50167

Have the futures symbols changed...or are my quotes off? SP00U ND00U DJ00U

To: ken-l who wrote (32466)	8/16/2000 10:28:59 AM
From: ken-l	Respond to of 50167

compx - update compx made a higher high this morning .... keep an eye on the recent high @3936+/- !! and watch out for the double top, that short term top's gonna be one heck of the resistance <it's now the 30&200dma> !!! those short term retracement i posted last nite are no longer valid !! back to the previous one using the 3936+/- - 3838 - 3777 - 3728 - 3679 50dma @3917 200&30dma @3935 just an observation !! regards, auto

To: ken-l who wrote (32466)	8/16/2000 12:49:20 PM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

If you look at NDX and Comp you will see that any further progress would depend on four indexes which have been so far helpful in propelling NDX COMP forward.. Right now Comp is shy of its important 25 days MA at 3931 so is NDX a little shy of 3757.5 the 25 days MA, however notice the underlying movement of the four indexes we depend on to predict the way forward.. IIX has jusr crpet above 507 its 25 days MA, PSE has tkaen out 1073 its 25 days MA so has SOX at 1048 and NWX 1287, now this concurrent move of four underlying indexes need to be negated and they need to fall below this 25 days MA for forward thrust of Comp and NDX to dissipate. SPU and DOW are in breakout chart move and 50 days are not conquered until 25 days are out and 25 days shall be never be out until the indexes that provide the fuel or with due respect 'momentum' are not in play, here we are seeing a market that is quite broad, it is not handicapped with NHNL problem that plagued a lot of technicians in the past to predict a breakout, so as far as the jigsaw puzzle is falling in place I can only see a long trade here, may be if we fail on hte underlying indexes we need to run for a cover and that is 992 on SOX... at the moment I am looking at a lot of things and making necessary trades,, best regards and welcome to this thread.. your input is most appreciated. Ike