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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (8)9/29/2000 12:13:38 PM
From: Teresa Lo  Read Replies (1) | Respond to of 8925
 
Hi Patrick! Hope the market is treating you right too! It's been a battle over the past few months, mainly because the trading range since the spring lows for most of the major indices have narrowed considerably. We can see all this clearly on the daily charts. Something will have to give, and it looks like it will be soon. For all we know, this is an emerging downtrend coming out of the consolidation!

Here's a chart of the ever-narrowing range on the S&P 500 cash index: ispeculator.com

Take care, and don't be a stranger!

Teresa