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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (32036)	8/21/2003 4:53:43 PM
From: A Horse With No Name	Read Replies (1) \| Respond to of 36161

or maybe the heat has killed all the traders there. ))

To: isopatch who wrote (32036)	8/24/2003 8:20:25 AM
From: Arik T.G.	Read Replies (2) \| Respond to of 36161

The French did report recession GDP # for Q2 last week. But IMO the US equity markets and the surging US$ (lower Euro) help buoy the French and esp. the export biased German and Dutch equity markets. But there is strong undertow under the calm surface of the S&P. Did I mention recently that the chart of the BKX is an accident waiting to happen ? Well during the recent NASDAQ and DJIA rally the BKX remained relatively flat and last week had 5 small bodies in a row, and a very clear 888 resistance in the bodies, before Friday's big black candle. Look to me we are watching the accident LIVE. ATG