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To: IQBAL LATIF who wrote (26003)5/3/1999 12:00:00 PM
From: James Strauss  Respond to of 50167
 
Advancers continue to lead the Decliners and New Lows continue to dry up: quote.yahoo.com

The McClellan Summation Index is in positive territory and is about to break through an intermediate term downward sloping trendline to the upside... decisionpoint.com

Very Bullish...

And... We got a Dow Theory confirmation last week when the Transports made a new high: decisionpoint.com

And lastly interest rates are stable...

As Marty Zwieg says "Don't fight the FED and don't fight the tape. : >

Jim



To: IQBAL LATIF who wrote (26003)5/3/1999 7:40:00 PM
From: steve susko  Read Replies (2) | Respond to of 50167
 
>>11200-400

you think that's the top for this run??

we already passed 11,000 today - if you estimate holds, it should tops out Tuesday or Wednesday after the Goldman Sach made a bundles off their IPO.

What do you think of tomorrow?



To: IQBAL LATIF who wrote (26003)5/4/1999 12:35:00 AM
From: vish ramamurthy  Read Replies (1) | Respond to of 50167
 
Hi Iqbal,

My only concern is when the DOW falls, what will happen to SPX,NDX and the Composite ? Will they hold and will they also sell off ? MSFT is also looking very weak.

vish



To: IQBAL LATIF who wrote (26003)5/4/1999 12:58:00 AM
From: nicewatch  Respond to of 50167
 
Ike and ALL,
updated SPX, TYX charts, etc. at

geocities.com

As always, feel free to comment or throw stones. FWIW, talk to you later, take care

Regards,

Frank

p.s. it's been a while since I updated the charts... I was busy with exams, and other -non-market- projects for a while