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market should try one more high above 1163-1170 in
the next few weeks before trying to
form a larger peak
NDX same at 1529-1545
could also be seen as soon as May 3rd
<BLOCKQUOTE dir=ltr
>
----- Original Message -----
<DIV
>From:
<A title=profitok@xxxxxxxxxxxxx
href="">profitok
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Monday, April 26, 2004 11:59
PM
Subject: Re: [RT] top ? on sp500?
NASDAQ still behaving very
well re: new highs and new lows
Ben
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
Kent
Rollins
To: <A
title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Sent: Monday, April 26, 2004 10:59
PM
Subject: Re: [RT] top ? on sp500?
Are you talking NYSE? If so, then a lot
of those could be interest rate-related vehicles. The housing starts
number this morning set a new record. I think the market has been
behaving a bit abnormally since the last jobs report due to the unwinding of
the "carry trade" and sector rotation in expectation of higher interest
rates. How was NH/NL on the NASDAQ?
Kent Rollins
----- Original Message -----
From: <A
title=profitok@xxxxxxxxxxxxx
href="">profitok
To: <A title=realtraders@xxxxxxxxxxxxxxx
href="">realtraders@xxxxxxxxxxxxxxx
Cc: <A title=yacov@xxxxxxxxxxxxx
href="">Yacov Twena ; <A
title=astrofin@xxxxxxxxxxxxxxx
href="">astrofin@xxxxxxxxxxxxxxx ; <A
title=ntt-list@xxxxxxxxxxxxxxx
href="">ntt-list@xxxxxxxxxxxxxxx
Sent: Monday, April 26, 2004 10:28 PM
Subject: [RT] top ? on sp500?
Hello
today there where almost double new lows
as new highs,
was that true on Fri.? or
Thursday?
if so this is a serious top
Ben
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