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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium
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To: westpacific who wrote (95735)4/12/2000 4:39:00 PM
From: akirasawa   of 108040
 
I look at the five year Nasdaq trendline. Except for the period from October to March it is fairly constant. In October it skyrockets (blowoff top?) If we had followed that trend, we would be around 3050 right now. Stan is the acknowleged expert on TA, im just verbalizing my thoughts here. But just like we cant base CRFH on its high, can we base our valuation of the NAZ on its, both were ridiculously overvalued.
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