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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: yard_man who wrote (19581)6/1/1998 4:55:00 PM
From: bobby beara  Read Replies (1) | Respond to of 94695
 
Tipster, Yahoo's only bounce was at the close, it's a rock sitting on the ledge of a skyscraper.

RUT broke support
Nasdaq broke support.
Transports broke support.
Internets (yahoo) broke support.
Intel sitting right on support.
XCI sitting right on support.
A run to safety in the Utilities.
Footsie sitting right on support and has a worse A/D line than our market.

The summation index is at the same level as April 97 lows, however the DOW is 2240 points higher. Watch out below!

bwdik,
bobby b