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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: 16yearcycle who wrote (35974)3/1/2002 10:38:04 PM
From: Softechie  Respond to of 99280
 
Take a look at this SP500 market carpet...money flowed into techs big time.

stockcharts.com



To: 16yearcycle who wrote (35974)3/1/2002 10:59:48 PM
From: ajtj99  Read Replies (2) | Respond to of 99280
 
VXN down channel says it wants 40 before it turns. The upper limit on the channel is around 48.

The NYSE has been in an uptrend since early Feb, but not too many have paid attention to it. It is less overbought than the Dow right now also, but not too much less. I think it can possibly go to 595 or 600 before correcting.

Eugene, I have to admit that's really good sarcasm.



To: 16yearcycle who wrote (35974)3/2/2002 9:58:09 AM
From: sylvester80  Respond to of 99280
 
Retracement pullbacks are to be expected, but trend is up for now.