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

To: IQBAL LATIF who wrote (37552)	3/28/2001 12:45:44 PM
From: James Strauss	Read Replies (2) \| Respond to of 50167

Will 1150 Hold On The SPX... ************************************ Ike: We have an important test for the SPX in the 1150 area... That would broaden out the right shoulder in the reverse head and shoulders pattern... A failure there sets up a retest of the 1080 to 1100 area... bigcharts.com Note the break below the 13 day MA in the middle of the Bollinger Bands on the 10 day chart... chart.bigcharts.com When this happened a week ago we tested the sub 1100 bottom... If we do that again, it would set up a bullish double bottom test... Note the importance of the 13 day MA in this 6 month chart... A picture is worth a thousand words... chart.bigcharts.com Jim