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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (34585)3/19/2002 9:35:27 PM
From: John Madarasz  Read Replies (2) | Respond to of 209892
 
Look at the NYSE and $BPINDU though...

still some room...

NYSE

stockcharts.com[w,a]daclnnay[d19960101,20020319][pc20!a63.30!f]&pref=G

DOW

stockcharts.com[w,a]daclnnay[d19960101,20020319][pc20!a76.67!f]&pref=G

i'm still inclined to believe the market wants more up short term, and any down would be short, perhaps lively, and contained in the next 3-5 sessions. Could be a lot of cash thrown at this thing over the course of the next few weeks between end of Q, eom, and final 2001 retirement plan funding for tax deduction purposes... not hard to see why the comms are still long the DOW