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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?


To: wade baskin who wrote (34903)4/19/1999 5:39:00 PM
From: briskit  Respond to of 120523
 
Wade, thanks. Looking at IBD "Big Picture" market analysis after close Friday, I see a graph starting Oct. 18. It shows the last of those bottoms at about 1375. 2nd to last paragraph says IBD felt confident about the new bull market when the DOW shot up 4% on heavy volume. IBD felt confident all this time while DOW theorists were awaiting confirmation from transports, which they apparently finally received Friday. Volume and gains have been noticeably high this April, but CNBC wonders if this will go down in history as the day the market turned.