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To: SusieQ1065 who wrote (89288)6/23/2003 9:10:27 PM
From: ChrisJP  Read Replies (2) | Respond to of 208838
 
NASDAQ closed below its 20 dEMA ... here is a chart of the 50 dEMA & 200 dEMA:

siliconinvestor.com

So which will it be ? 1560 or 1460 ? What trader who's just made a bundle since April is planning on keeping their long positions when they head off to the Hamptons (or where ever) ?

Chris



To: SusieQ1065 who wrote (89288)6/27/2003 4:47:56 PM
From: 2MAR$  Respond to of 208838
 
BGEN just plopped under the 50 ...
stockcharts.com[h,a]daclyyay[pb50!b200][vc60][iUc20!La12,26,9]&pref=G

it was always a "suspect" .



To: SusieQ1065 who wrote (89288)8/2/2003 7:42:04 AM
From: 2MAR$  Respond to of 208838
 
Floor Talk (from brief friday)

Trading desks counting down the minutes to the close. Yesterday, heard talk of heavy put buying in the brokers. Concerns about this group are also in the wind today owing to huge bond positions held in inventory. With respect to the market, institutional traders believe the market is overbought and hence technically speaking is somewhat fatigued. Several desks we've spoken with are expecting the Indices to continue to trade sideways to eventually down to shake off the overbought conditions. One trader identifies range bound trade for the S&P between 975 and 1005 as a likely outcome over the near term.


* good that IB had none to short