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

To: Skywatcher who wrote (34622)	10/11/2000 11:38:17 AM
From: James Strauss	Respond to of 50167

Chris: It doesn't look like the YHOO earnings was a catalyst for a bounce in the market... : > Between YHOO and LU we may be getting that impetus for a blow off bottom... bigcharts.com NDX 3200 and 3100 violated so far today... We are less than 3% away from the yearly 3000 low... Below that we have 2956, 2600, and 2350 as support... The 3000 area to 2956 looks like the likely bottom... Usually, at times like this, all the bad news is already out... So, it wouldn't surprise me if we start to see some buying in some of the blue chips in the days to come... Jim