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


To: Ron who wrote (3012)7/1/2003 12:03:07 PM
From: Jeff Jordan  Read Replies (1) | Respond to of 5125
 
Hi Ron,

The COF chart is a mirror of the NAS, it's a regular index<g> The bankers will pullback I think?

I don't see anyone talking about that big pink line on your chart yet? Sideways is the best this market has to offer the next 5 months then money will look to go elsewhere? If real growth isn't showing during Q3. Bob seems to think some companies are growing well. I know the $88bil legal industry is up 8%.<g> Still no profits in medical...they say? It's so expensive. Insurance industry gouging homeowner policies? The squeeze is on. These one day corrections and recoveries are signs of market trying to maintain itself....soak the protectionist option holders. Then step the indexes. This market feeds on itself.

Chart chasers will be scrambling soon?