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Non-Tech : Moguls Mantra to the Markets -- Ignore unavailable to you. Want to Upgrade?


To: $Mogul who wrote (115)7/25/2001 2:53:33 PM
From: $Mogul  Read Replies (1) | Respond to of 220
 
2:43 PM
The continuing weakness in the bond market has brought the 9-day RSI further awaya from overbought levels. The 9-day currently stands at 58.7 versus an overbought 73.2 yesterday and a peak of 74.29 a week ago.

2:18 PM
COMMODITY TALK: Natural gas futures have spiked and are up nearly 8% on the day after the American Gas Association reported that inventories rose less than expected. Natural gas in storage rose by 4.1% in the week ended July 20, below expectations of a build of as much as 5%. Natural gas has been in an extended sell-off as inventory levels rose above year-ago levels and moderate temperatures damped demand for gas-fired electric generation. But the latest 6-10 day forecast calls for above-normal temperatures through much of the U.S. next week, adding support.