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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (5834)	4/18/2005 8:46:54 AM
From: robert b furman	Respond to of 12411

Thanks GZ - you are a nice teacher. I was just looking at the SPX and SOX lows back in January. S&P is below the 1/24 reversal of 1163.75 - now at 1142.62. Inerestingly the Sox is RIGHT at it 1/24 close of 382.57 at 382.64. Hey how can you fault the Walls Street boys for losing control over a silly .07 of a point. Amat just picked up an upgrade from Deutsche bank and oil is below $50.00 this morning for a first time in a long time. So the past 6 months high flyers look like they're rolling over and money is flowing elsewhere. A healthy rotation is a good thing for ant market.Acrash on all sectors to new lows is not good. If chief always gives calls a + or - day or two - I'll be patient before I jump out the window.GG Bob