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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?


To: chowder who wrote (20021)8/11/2003 9:02:38 AM
From: chowder  Read Replies (1) | Respond to of 23153
 
Maria just said that insider selling is at a two year high. The Nasdaq had a 40% plus rate of growth over the past few months, in anticipation of a stronger economy. If the market is going to pull back, I would expect it to be soon. There are a lot of profits out there to be protected.

I don't look to go long in the near term unless the S&P can break above 1015. To do otherwise is to ignore what the charts are suggesting, at least to me.

We shall see.

dabum



To: chowder who wrote (20021)8/11/2003 1:49:00 PM
From: Warpfactor  Read Replies (1) | Respond to of 23153
 
I am tracking NASDAQ volume daily vs. it 40-DMA for some model building that I do. Volumes in the past two weeks have never one reached average volume (average volume being defined by the 40 DMA).

Look at a Shorter term RSI and you have WTF oversold, at least in the short term. This being partially alleviated by todays action, thus far.

stockcharts.com[l,a]daclyyay[pb50!b20][vc60][iUb5!Lb8]&pref=G



To: chowder who wrote (20021)8/11/2003 7:11:28 PM
From: energyplay  Read Replies (2) | Respond to of 23153
 
The Bank Stock index BKX looks like the Nasdaq -

stockcharts.com[h,a]daclyiay[pc20!c30!f][vc60][iut!Ub14!Uo14]&pref=G

Now for something very different, and headed in a different direction, here's Phelps Dodge (PD) , a Copper miner (not a small cap either) -

stockcharts.com[h,a]daclyiay[pc20!c30!f][vc60][iut!Ub14!Uo14]&pref=G

This may be one of the places the money is going....