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


To: IQBAL LATIF who wrote (39658)5/13/2001 5:41:24 PM
From: James Strauss  Read Replies (1) | Respond to of 50167
 
Ike:

The Nasdaq and SPX have dipped below their 13 day MA and 34 day Linear
Regression Lines... OBV is below its 10 day MA... We will most likely test Nasdaq
2000 and SPX 1175 to 1200...
bigcharts.com.

If 2000 doesn't hold we'll see 1800 and possibly 1600 tests... Anything less than a 1/2 point rate cut by the FED on Tuesday could grease the skids...

Jim