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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (55575)10/5/2001 4:14:38 PM
From: Skeet Shipman  Read Replies (1) | Respond to of 94695
 
ECRI Weekly Leading Index 115.5 Predicting -6.0% Growth Rate for period ending Sept. 28, 2001. Their Monthly Leading Index is predicting a negative -6.5% Growth Rate.



To: GROUND ZERO™ who wrote (55575)10/6/2001 11:44:58 AM
From: blitzfund  Read Replies (1) | Respond to of 94695
 
GZ, Maybe you are correct, but it was not only the US Markets that were unable to to rise above pre-WTC event Trend.

Friday September 7th
DJA 9605.85
S&P 500 1085.78
NASDAQ 1687.70
FTSE 5070.30
NIKKEI 10,517

VS
Friday October 5th
DJA 9119.77
S&P500 1071.38
NASDAQ 1605.30
FTSE 5036
NIKKEI 10,205.87

Blitz

P.S. As you can see the Trend is still Down and until I see all these Market Break pre-WTC Resistance and hold above them for a few weeks, I'm going with the Trend My Friend. BWDIK