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

To: IQBAL LATIF who wrote (23943)3/2/1999 2:49:00 AM
From: steve susko  Read Replies (1) | Respond to of 50167
 
the airlines seems to be flat last month, up and then down. How do you like the transport sector going into next quarter?

with oil price down, asian recovery, they could see increase traffic that would improve the bottom line.



To: IQBAL LATIF who wrote (23943)3/2/1999 11:22:00 AM
From: James Strauss  Read Replies (1) | Respond to of 50167
 
Ike:

The S&P continues to flatten out but the 50 day MA is rising...
quote.yahoo.com^SPC&d=1ym

This is an interesting dichotomy given the A/D line reaching new lows... We may look back on this months from now and point to the rising 50 day MA as the key to the next advance... Or, we may point to the declining angle as the start of the next downturn... It should take a few weeks to show up in the 50 day MA...

Jim


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