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

To: bcrafty who wrote (43479)	6/26/2002 9:03:15 PM
From: John Madarasz	Respond to of 209892

Taking it day by day.... but anything can happen to play out and fulfill Tommy's roadmap. Market is very weak and news driven at this point. I do think some sort of bank failure, derivitive event looms large though. WCOM will be laying off 75,000. Sign of the times? Debt will continue to hold the economy back i believe. Light sweet crude chart is in a perfect Weekly Inv H/S that measures to $41.50 -$45 per barrel...what happens if that follows through. stockcharts.com I believe what i can see now, in the charts...and longterm U.S and World market equity charts look very weak, with a few exceptions. Gotta go with the charts...and the trend...till it ends