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Strategies & Market Trends : Charts & Scans -- Ignore unavailable to you. Want to Upgrade?

To: Ron who wrote (2910)	6/5/2003 10:54:29 PM
From: Ron	Read Replies (1) \| Respond to of 5125

We are in overbought territory, but the market is now definitely oriented toward the bull. When the news is just OK it moves up. When the news is good, it moves up strongly, and when the news is bad, it hesitates, then either moves down only a little or waits for a reason to go up again. --- 90% of all stocks are now above their 200 day moving average about 93% of all stocks are now above their 40 day moving avg. ttrader.com .. and the Dow is still hovering right at strong resistance from last August..meanwhile INTC gave decent mid quarter guidance and many techs were up in after hours.