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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Judy who wrote (14748)8/19/1998 11:12:00 PM
From: Chris  Respond to of 42787
 
today might be a reversal. we have to be careful here. although spx resistance pretty high above, djia pink resistance was the bummer.

it held the mkt back.



To: Judy who wrote (14748)8/19/1998 11:13:00 PM
From: Chris  Respond to of 42787
 
emc looks great.. my reason for trading dell was purely on pre-earnings movement.

hope you're doing well.



To: Judy who wrote (14748)8/20/1998 11:30:00 AM
From: Robert Graham  Read Replies (1) | Respond to of 42787
 
Thank you for the alert. I will look at the trading data. This is not a good sign. Here we have financial and telcom technology stocks being sold. Where is the money moving to? The utilities themselves as a defensive play, or out of the market altogether into bonds? My concern was when the the market rallied, the big money would take that as an opportunity to sell. I see that the bonds have been going down on their yeild recently. Interesting. It looks like this may be hwere some of the money is going. Perhaps the moneyis also mving to other industry groups?

Bob Graham