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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Lachesis Atropos who wrote (39013)3/17/2003 12:08:00 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 71342
 
T2113 crossed the 100 day EMA from above today. This supports the current rally.

Intra-day sell signal from Friday, negated from this mornings action. No corresponding sell signal.



To: Lachesis Atropos who wrote (39013)3/18/2003 11:19:30 AM
From: Johnny Canuck  Read Replies (1) | Respond to of 71342
 
T2113 confirmed the move this morning with a follow through day. T2113 now at 37 percent. The market should pull back a bit in the next 2 days.

Tier three stocks like ANAD, EMKR and AMKR are big movers today. It is usually an indication the current move is over and a brief rest is need before the next move can occur.

Fed annoucement this afternoon and war should drive the market short term. Failling economic back drop will drive the market long term. It looks like it will be a long summer right now. We are seeing weakness in housing starts and demand appears to still be muted as indicated by GTW and AMAT layoffs yesterday.