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

To: j g cordes who wrote (39622)	5/29/2003 9:52:30 PM
From: j g cordes	Respond to of 69927

Larry, we could just as well be down tomorrow, but there seemed to be pockets of enthusiasm that kept the Q's up all day even with the dow getting hit. The number of nas stocks over there 50 day moa is just starting to get to its center bollinger. We haven't had a good occilator breaking run in some time.. this one wants to be though I think it might run out of steam. iw.thomsonfn.com input some of your favorites What interested me most today was a report that some state pensions were selling bonds to move some money into stocks.. however the vix is pushed pretty far down, earnings are ok but not startling, layoffs continue, debt piles up, home prices are heady.. and most of the block inquiries in technology were for selling not buying.. about 65/35.. yet new money comes in at the beginning of the month.. so a day trading week ahead :!) Look at the $DAX average, looks like it wants to turn up