S&P/Nasdaq Pivots and Oscillators for 9/2/99

[John Cappello <jvc689@xxxxxxx>]

Recap. of 9/1/99-Buy Pivots for Nasdaq and S&P were hit with 
slight gain possible on Nasdaq and Breakeven to slight loss on S&P.

Pivot Point Buy for S&P = 1338.5; Sell = 1325

Pivot Point Buy for Nasdaq = 2433; Sell = 2393

 Oscillators are bearish for both Nasdaq and S&P.The up move today was 
less than convincing.Long term may be bullish but Thurs afternoon 
could tell a different short term story.

As always it could go either way but some barometers help.

John