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

To: Chispas who wrote (69875)	5/21/2002 12:46:00 PM
From: Sully-	Respond to of 99280

12:34 ET S&P 500 Intraday : -- Technical -- Index continues to trade to new intraday lows and has just edged under its 20-day exponential moving average at 1089. Currently trading at 1086, look for initial resistance at 1089 followed by additional overhead at 1095. To the downside, watch for initial support at 1085 with little significant support thereafter until the area of 1075.

To: Chispas who wrote (69875)	5/21/2002 10:20:42 PM
From: Chispas	Read Replies (1) \| Respond to of 99280

Moody's warning to Congress to stop stalling on the debt limit should be in BOLD HEADLINES in tomorrow's newspapers...this is inexcusable by Congress...Sigh.. Moody's Warns on Debt as Congress Stalls Tue May 21, 3:37 PM ET NEW YORK (Reuters) - Ratings agency Moody's Investors Service said on Tuesday that it was monitoring the U.S. fiscal position as Congress stalls over the Bush administration's request to increase the government's borrowing limit. The political row in Washington with Congress refusing to allow the government to borrow more money as its budget returns to deficit does not immediately hurt U.S. credit worthiness, Moody's said, adding that the government has enough money to last through June. But if Congress continues to stall on the debt ceiling, Moody's said it could put the United States debt on review for a possible downgrade to its gilt-edged Triple A debt rating -- just as it did during the 1996 budget crisis.