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Strategies & Market Trends : Classic TA Workplace

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To: skinowski who wrote (65494)	2/6/2003 10:26:26 AM
From: Moominoid	of 209892

Those indices show the wave 2 in the decline from mid Jan more clearly than the NAS. But like the NAS they are also encountering support. My "autoregressive model" is showing strong support on the NDX at this morning's levels. It is hard to go down sharply from here. My read on the e-wave is it wants to go down... hmmm what will happen? Well I dumped my long HPQ puts at this point....

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