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

To: Jerry Olson who wrote (33742)	9/28/2000 4:28:01 PM
From: Peace	Read Replies (2) \| Respond to of 50167

Just when we managed to overcome oil & euro worries, now we have to worry about bonds? With no fed rates in sight and not much to worry on the inflation front the downside may not be that worrisome. Well maybe some of that bond money will come in to equities. <g> We managed to weather the retest and did not violate the Friday lows in the NDX & COMP. NDX 3850 is the next target. And after battling various resistance levels and the traditionally bearish October, we may just be able to get back to NDX 4300 with help from who else but tech earnings. Of course, sentiment can change on a dime, so I am only going to worry about that 3850 level for now. Lot of buyers out there today. NYSE 1.2B NASDAQ 2B. Some of that tax loss money that was bleeding that markets this week may already be flowing right back in. Musical chairs. <g>