|
PureBytes Links
Trading Reference Links
|
IMO, still a potential stand-off -- SPX finally closed above its 200-MA
today (10/22), but DOW-30 did not.
The only other major index that has not made it above the 200-MA is the
NASDAQ Composite (and of course, the Russell-2000 which is still way down in
the pits, but trying). With 7 straight days of gain on the DOW, odds are
that a significant pull-back is imminent--
Will the DOW close above the 200-MA??? Will it drag the others down with it???
Any comments from the big-picture fans???
______________________________________
At 10:40 PM 10/22/98 +0800, you wrote:
>What is happening? Are the bulls and the bears at a stalemate?
>Everybody holding their breathe?
>Looks like something is rotten is Kansas.
>Be prepared for high volatility in the coming sessions!!!
>
>
|