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Strategies & Market Trends : The New Economy and its Winners -- Ignore unavailable to you. Want to Upgrade?

To: Bill Harmond who wrote (8277)	8/11/2001 4:17:33 PM
From: Mark Fowler	Read Replies (1) \| Respond to of 57684

Auspex on the mend???<< Bill it looks like accumulation in the stock is fair. i don't no much about this company to comment Bill were are undergoing this test of July support levels. This test should lead us to the answers soon as to the extent of near-term risk for the major averages. Many divergent trends and cross currents appear to be at work here. Last weeks indicators momentum and relative strengh index, slip down hard and fast on most of the major indices except Xau and Sox. I don't know what it means but i would wait until after this test. Look at GE's Daily chart looks like the Nasdaq last yr. in the fall of 2000. May and June looks like a Potential right shoulder was formed on the a large potential H&S pattern. Bill the mind set in this country doom and gloom and it begins at the top!( there's something amiss here cannot put a finger on it but in the gut! We'll just have to see what earnings look like next qtr. and watch the economic stats close. The Fed could go as low as 3.00 to 2.75 on the short term rates yet.