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Market Update, Trading Ideas and Today's Headlines - Mon, 31 Mar 2003 08:16:19

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kenny

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Mar 31, 2003, 9:07:09 AM3/31/03
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Market Update - Monday, March 31, 2003 8:32:22 AM
U.S. stocks continued to remain under pressure on prospects of a
longer-than-expected war. Weak consumer spending also kept traders
defensive. By the end, Dow closed down 55.68, or 0.68 percent, to
8,145.77 while NASDAQ lost 14.73, or 1.06 percent, to 1,369.52.

Dow Industrials (DJIA) Index has defined current trading range of
8,000-8,400 and has been in a consolidation mode near the middle of this
range. NASDAQ Composite T he door is open for a test of its
50-and-200-day moving averages around 1,337-1,343. Resistance remained
at 1,400 ... (Read More : http://www.trading-ideas.com/MarketUpdate/ )

Trading Ideas
Altria Group (MO, $12.91) Chart of MO looks weak after losing $1.17 on
high volume extending its downtrend on report that S&P may downgrade its
credit rating ... (Read More Trading Ideas:
http://www.trading-ideas.com/TradingIdeas/TI.asp )


Today's Headlines ( Archive:
http://www.trading-ideas.com/HeadlinesArchive.asp )
Mar 31, 2003- Well Versed
Mar 31, 2003- Dow, NASDAQ fell for the third day in a row.
Mar 31, 2003- Uncertainty Returns To Markets. Public Opinion Surges
Against The U.S. Is This A Buying Opportunity?
Mar 31, 2003- This is a very emotional Market.
Mar 31, 2003- Don't Believe Those Who Say You Can't Outperform!
Mar 31, 2003- Joe F. Rocks! Growth Stock Indicators for 3/31/2003.
Mar 31, 2003- Altria Group (MO) traded at a new 52-week low.
Mar 31, 2003- The short term overbought nature of the market is just
beginning to pullback.
Mar 31, 2003- INTERMARKET PICTURE SHOWS IMPROVEMENT.
Mar 30, 2003- NOT THAT BAD – CONSIDERING!

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