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To: sun-tzu who wrote (3747)2/25/2003 11:22:17 AM
From: westpacific  Read Replies (1) | Respond to of 11447
 
Consumer C dictates that!



To: sun-tzu who wrote (3747)2/25/2003 11:31:24 AM
From: mishedlo  Read Replies (1) | Respond to of 11447
 
From Brian on Russell's commentart yesterday
To confirm, the Dow would have to break below its own February 13 closing low of 7749.87. As I write, the Dow is 175 points above its February 13 low of 7749.87.

So from a Dow Theory standpoint, the big question is whether the Dow will confirm the Transports or not. If the Dow does confirm the Transports by breaking below 7749.87, I would expect a substantially lower prices and a market "prediction" that we will soon be at war with Iraq.

Looks like we broke through 7749 on the Dow this morning, and the Transports are below their October 2002 lows.

tinyurl.com

Brian



To: sun-tzu who wrote (3747)2/25/2003 11:32:03 AM
From: mishedlo  Read Replies (1) | Respond to of 11447
 
Did add to IBM puts on tip of that mini-bounce

M