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FROM THE DESK OF MY ANALYST:
INDEX REPORT
$COMPX -THE SHORT TERM UP LINE HAS BEEN BROKEN A MOVE THRU $1,860
SHOULD REVERSE THIS DOWN FLAG!!! $1,780 IS THE LONG TERM UP LINE AND
MUST HOLD!!!
$OEX -THE BASE LINE IS STILL IN FORCE !!! NEG UNDER $545-VERY POS
OVER $605
$INDU -THE UP LINE IS STILL IN FORCE AT $10,180 IF THIS BASE HOLDS
WITHIN THE NEXT 3 TRADING DAYS THE OVER HEAD SHOULD BE RETESTED!!!
$QQQ -THE BREAK POINT IS AT $35.30 & $33 !!! A CLOSE OVER $36.25
WOULD BE VERY POSITIVE WITH THE OVER HEAD AT $37.25
I am on sidelines re. Ultra OTC as of Mon. close.May re-enter pending
action.
John
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