Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Johnny Canuck who wrote (39682)	6/5/2003 3:24:18 PM
From: Johnny Canuck	Read Replies (1) \| Respond to of 70451

Heavy volume day on all the indices. The daily chart remains overbought, but current no sell signal. The intra-day charts are trendless. Dow 9,020.15 -18.83 (-0.21%) Nasdaq 1,638.86 +4.21 (+0.26%) S&P 500 987.01 +0.77 (+0.08%) 10-Yr Bond 3.326% +0.035 NYSE Volume 1,380,995,000 Nasdaq Volume 2,041,264,000 Wait for the break up or down go with the trend. Do not anticipate. It is volatile out there right now. Potential sign of a top. Low interest rates would mean a weak than anticipated economy. It should rally briefly till people understand what it means a few months down the road.