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الموضوع في 'السوق الأمريكي للأوراق الماليه' بواسطة aaljawal, بتاريخ ‏28 أكتوبر 2001.

  1. aaljawal

    aaljawal عضو جديد

    التسجيل:
    ‏24 سبتمبر 2001
    المشاركات:
    168
    عدد الإعجابات:
    0
    Summation
    For now the rally continues while ignoring bad news even after a
    run of over +20% for the big indexes from recent lows. I still
    believe those levels will hold until at least March or April 2002
    if not beyond, but straight up bull run to new market highs will
    not happen under current fundamental conditions.
    Until then, play the tape and don't fall in love with upside
    direction, it may soon break the hearts of those who do.

    Market Sentiment
    Russ Moore

    Split markets, but the bulls will take it. The tech rally ran out
    of steam as big cap tech stocks attracted some profit taking. The
    NASDAQ ended with a loss of -0.4 percent while the NDX gave back
    -1.6 percent. Blue chips carried the rally ball today with the
    DOW gaining +0.9 percent.

    Volume was respectable with 1.20 billion shares moving on the big
    board and 1.98 billion shares changing hands on the NASDAQ.
    Market breadth was positive on the NYSE, as winners beat losers
    by an 18/13 margin. The NASDAQ, despite finishing in the red,
    also saw winners edge losers by a 19/17 count.

    On the broader markets, biotechs continued to soar with a gain
    of +3.2 percent on the BTK. This index has been on fire of late,
    gaining +39 percent since 09/25. Other sectors on the rise
    included financial, oil service, oil, chemical, natural gas and
    cyclical. Tech sectors were seeing red with Internet, hardware
    and software leading the way down.

    Michigan Sentiment held steady, moving from 81.8 to 82.7. New
    home sales fell one percent to 864,000, slightly better than
    expected.

    The volatility indexes i.e. VIX/VXN, continue to fall and
    although both are still at relatively high levels, they have both
    moved to the bottom of their respective Bollinger Bands. These
    indexes are contrarian in nature, and when they release from
    their current levels and move north we will see stock indices
    reverse course.
    Intra-day:

    1. Buy ADVP above 64.24 (63.83).

    2. Buy DKWD above 54.79 (54.23).

    3. Buy RYL above 53.91 (53.48).

    4. Short ACAM below 38.76 (40).

    5. Short STJ below 71.10 (71.50).

    6. Short WEBX below 32.85 (33.55).