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


To: Paul Shread who wrote (27943)8/19/2000 11:40:28 AM
From: James Strauss  Respond to of 42787
 
Liquidity...
*************
Paul:

Right now TrimTabs is bearish... trimtabs.com

I believe that could turn on a dime as soon as the FED is done raising rates... The Nasdaq daily volume is inching towards the 50 day MA...
chart.bigcharts.com

The New Lows are improving on the NYSE and Nasdaq...
finance.yahoo.com

This suggests that selling is drying up... So, we either go up or stay flat in the next few months... The rising bottoms pattern in the major indexes doesn't suggest lower prices... I believe we will hear a statement from the FED regarding sustainable rates of productivity... With that, we should be off to the races...

Jim