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


To: saulmon who wrote (26124)5/9/1999 3:25:00 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
Saulmon-- I would think that it all depends on DOT closing above this critical 625, with a large short interest any close above a resistance leads to short covering rallies, I am thinking that market is setting up for a big move, look at my previous post, if we take out this 1364 we go higher if we fail and break this 2504 support or take out 2460 area on Comp we go lower, I would still think that market will look at coming weeks data with greatest of interest..Market needs to take out the strait jacket is is presently tied in. from Comp 2460 to 2550, whichever side it will break we will see a good move..

Now look at these stocks with positive money flow on daily and weekl;y basis, follow the action of these stocks to get some inkling of the market direction..

clearstation.com
clearstation.com

Negative money supply on daily and wekly basis..

clearstation.com