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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Bresticles who wrote (39005)8/15/2002 8:06:44 AM
From: sandeep  Respond to of 52237
 
50-day at ~8875 for the DOW. It should find strong resistance there.

Busy calendar today -
Jobless Claims at 08:30 ET lead a busy economic calendar today; the market expects a slight uptick to 380K in the Aug 10 week, which would keep the recent steady trend intact. At 9:15 ET, Industrial Production is expected to be unchanged with the capacity utilization rate down a tenth to 76.0%. At noon, we get the Philly Fed index, and the FOMC minutes for the June 25/26 meeting will be released at 2 pm.