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

To: Shack who wrote (56567)	10/15/2002 7:08:10 PM
From: The Freep	Respond to of 209892

I don't know if this has any meaning (in fact, I doubt it does), but today's close was the first time since March that the OEX closed over (or even crossed over) it's upper Bollinger Band. The RSI are as high as the mid-August top, too. Just an observation. Another observation is that the market could easily "laugh off" the Intel news if it gets more non-tech earnings like it got today. Or rather, if it REACTS the same way it did. Right now, the SPoos barely show a dent in the 30+ SPX points we rose. But hey. . . it's opex week, so heck if I know what's gonna happen. the freep