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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (23329)	2/9/1999 11:33:00 AM
From: James Strauss	Respond to of 50167

Silver Lining?? ~~~~~~~~~~~~~~~~~ I have to put on my contrary hat when too any people are becoming bearish... decisionpoint.com A review of this chart shows that A/D is near a double bottom... More times than not you get an upward reversal... Also note slightly higher highs on the McClellan Oscillator... This usually precedes an up move... The one negative though, is the deteriorating New Lows: decisionpoint.com We'll need to see the New Lows drop below 40 as the above indicators improve... If this doesn't happen, the correction could get deeper... The Transports continue in an upward trend above their 50 day MA in the 3100 area... decisionpoint.com This is the true make it or break it area for the market... A test and bounce off that area will send the market higher... A violation of that area to the downside could bring us back to the 1998 lows...