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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: marginmike who wrote (2712)4/30/2000 6:04:00 PM
From: Copeland  Read Replies (1) of 19219
 
Whats your opinion on NDX and comp seems like we broke downtrend?

I don't really have one for the NDX, to be honest, especially with the wishy-washy close on Friday. However, if someone put a gun to my head, I'm guessing a mild rally tomorrow morning in the Nasdaq with us closing slightly negative.

The Dow looks like bad news, however. If we close down a hundred points tomorrow on weak financials, expect more carnage on Tuesday.
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