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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (28668)	10/6/2000 3:23:25 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 67962

15:00 ET Dow -156, Nasdaq -132, S&P -31.84: [BRIEFING.COM] Not surprisingly, the market has once again fallen on tough times... Both the Dow and the Nasdaq have recently pushed to new session lows as investors already on the sidelines preferred the stay safely there while those in the market wished they were already there... Potentially also a factor in the debacle of late is the fact that many mutual funds will be closing their books for the year at the end of the month with some cleaning up of the books (selling losers) still underway... Breadth is ugly, point losses are huge, cash is king (at least for now). DJTA -22.32... DJUA +4.26... SOX -35.85... DOT -44.32... BTK -29.50... NYSE Adv/Dec 905/1861... Nasdaq Adv/Dec 1004/2918.