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Friday, June 03, 2005 2:14:50 PM
***Nasdaq Composite, bearish MA's***
Keep in mind that the 50 day SMA is still placed below the 200 day SMA, even despite the recent parabolic-like surge in tech stocks... this is a bearish set-up for the MA's, and should the psychological 2,000 level fail down the road, we would be ENTRENCHED in a bear market... no if's and's or but's...
Keep in mind that the 50 day SMA is still placed below the 200 day SMA, even despite the recent parabolic-like surge in tech stocks... this is a bearish set-up for the MA's, and should the psychological 2,000 level fail down the road, we would be ENTRENCHED in a bear market... no if's and's or but's...
HI-HO SILVER !!!
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