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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?


To: Sergio H who wrote (24327)3/26/2001 1:20:58 AM
From: Magnatizer  Read Replies (1) | Respond to of 29382
 
Sergio

I agree. A move up into the middle of this week sets up both the Nas and Dow for a reversal of short term trend. As the longer term trend is down the reversal of a short term uptrend could get nasty. There are some key areas which the SP and the Dow need to trade above this week before Thursday (assuming there is a rally early in the week). If they sell off into mid week on the nas and dow I think we will see a bottom which could last through summer

Details on the levels I am watching are in the "charts and daily commentary" section geocities.com

ht
Mag