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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (33102)9/15/2000 8:08:05 AM
From: Chip McVickar  Read Replies (2) | Respond to of 50167
 
Morning Jerry,

Don't see it my friend.

Bars have not proven it yet..!

SPX has Lower lows and Lower highs and Lower closes in the bottom 3rd of the bar. Not a spanking new Buy...!

However..., the SPX has a spike down and the first two bars of a GZ Lindahl Wiggle. So there is Hope.

Also, they are selling any move up after the initial positive news. This suggests disciplined buyers are still looking for lower prices....and better buys.

I agree with IKE, this is nibbling time for ones core long-term holdings. Market will be up going into January.

Chip