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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (1269)2/21/2001 12:07:14 PM
From: Louis V. Lambrecht  Read Replies (1) | Respond to of 12411
 
John, in doubt, check another index.
I like the Russel 1000: pure US companies with no overseas bias. Re: nybot.com
Some noise from the NDX/COMPX charts does not appears.
Today's low 670.61, Green Put low 670.89. But Dec 2000 had 662.22 low--> IMHO no double bottom yet.



To: John Pitera who wrote (1269)2/21/2001 12:21:04 PM
From: Chip McVickar  Read Replies (1) | Respond to of 12411
 
SPX has a major weekly trendline off the lows in 1996 and 98
and the market is sitting right on it at 1270.

Looks like a strong attempt at a base here.

But not yet ready to commit on any long positions.


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