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Strategies & Market Trends : Keep Your Eye On The Ball - Watch List -- Ignore unavailable to you. Want to Upgrade?


To: TFF who wrote (1880)9/29/2001 11:10:08 AM
From: TFF  Read Replies (1) | Respond to of 2802
 
Weekly Market Mood

DJIA - support 8000/7000 resistance 9,000
S&P 500 - support 1000/900 resistance 1100
Nasdaq 100 - support 1000 resistance 1250

Dow - holding in range
S&P 500 - broke above resistance
Nasdaq 100 - holding in range

Negatives

terrorist paranoia/recession fear
Argentina fears
Earnings fears
Capial raising fears
Tax selling fears

Positives

equity markets retraced
low rates
low commodity prices
weaker currency
telecoms stabilized