Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: All Mtn Ski who wrote (4962)	10/24/2001 12:44:07 PM
From: John Pitera	Respond to of 33421

The NASD and NDX have broken above their 50 dma's today, however they have not yet taken out their highs of Oct 17th. The SPX, OEX, DJIA and RUT have not broken above their 50 dma's . the Morgan stanley high tech average (MSH.X), the Networking (NWX.X) and the Pacific Tech index (PSE.x) have all broken through their 50 dma's. The SOX index which is very widely followed is below it's 50 dma and does not look that strong. So the question is ..... Is the NASD and the tech indexes leading the way or providing the false tell?