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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (27688)2/6/2003 10:43:17 AM
From: Moominoid  Read Replies (1) | Respond to of 30712
 
Support is strong however... that is the problem.... my own (secret :P) "autoregressive model" indicates strong support for the NDX at this morning's levels, that would take some up or sideways first to allow room for a crash down...



To: mishedlo who wrote (27688)2/6/2003 10:51:51 AM
From: Lone Ranger  Read Replies (1) | Respond to of 30712
 
mish,
Also, news media flow is positive. Bottom is in. For example look whats happened to HD and WM. Proxies for the dow/sp500. These have been on everyone's buy lists for a long time now, from Bill Miller of Legg Mason and Pat Dorsey of Morningstar. This type of media positive flow compared to what the stocks have actually done spells trouble ahead.