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Strategies & Market Trends : Market Gems-Trading Strong Earnings Growth and Momentum -- Ignore unavailable to you. Want to Upgrade?

To: Jenna who wrote (260)	12/29/2000 3:59:28 PM
From: Jenna	Respond to of 6445

from this morning's watch list: Bearish and overbought S&P 500 General Market UPDATE: I don't like the fact that the Daily Sentiment reading (5 day moving average) for the S&P 500 is 68% bullish. Too many bullish opinions could be bearish. We are still overbought in the short term for the nasdaq as well as the S&P so once again we might have a pullback in both the Nasdaq and the S&P 500 in the very short term and better for the intermediate term. If you saw the move down of CFLO today, that can have some devastating results for long plays.