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


To: IQBAL LATIF who wrote (36432)1/18/2001 11:08:49 AM
From: JDinBaltimore  Respond to of 50167
 
Ike,

I've read you post over the years, you have done an excellent job with your boys. Although we diverge on market opinion, I am doing my best to instill the same set of values in my boys that you have sucessfully accomplished. They seem to have a curiosity about markets, at their young ages, and I swear on a stack of bibles, I've not jaded their perspective about how to SHORT a market! -ggg-

Good Job Ike.



To: IQBAL LATIF who wrote (36432)1/18/2001 12:14:22 PM
From: James Strauss  Read Replies (1) | Respond to of 50167
 
Ike:

The selling is drying up on the Nasdaq as evidenced by the shrinking New Lows...
finance.yahoo.com

As for the NDX, we have the 2 day and 5 day MA's above the 13 day MA...
stockcharts.com[L,A]DACLYYMY[PC34!C13!C5][VC60][IUB14!LA12,26,9!LK14]

We are at a critical breakout or breakdown point... We either break through to 2900 or retrace to 2500... The Reward/Risk is 326 upside to 74 downside or 4.4 to one... I'll take those odds over the next 10 days... : >

Jim