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Strategies & Market Trends : Charts & Scans -- Ignore unavailable to you. Want to Upgrade?


To: Ron who wrote (1539)4/16/2002 8:43:18 PM
From: robert b furman  Read Replies (1) | Respond to of 5125
 
Hi Ron,

Thinking this should put both Intc and the Naz over the 50 day MA.

Somewhere at that point the shorts have to recognize a TA crossover has been achieved.

Plus any new earnings announcements seem to have momentum.

I really will be surprised if this doesn't serve as an inflection point where bears will be in denial and bulls will be on the offensive.

Things look really good so far - little mo is turning into big mo.

Early morning PMI and Globex will give good indications.

Bob