Technical analysis for shorts & longs Message Board

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Strategies & Market Trends : Technical analysis for shorts & longs

SPY 679.68

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Nov 26 4:00 PM EST

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To: shasta23 who wrote (25716)	3/23/2000 2:01:00 PM
From: d. alexander	Read Replies (1) of 68350

Stefan; it does seem a quiet day considering all that green. I was referencing Ed Downes comment The NASDAQ is in a trading range, and in my opinion, is likely to remain there for some time to come. He pointed out that the range was between fib 50 & fib 62 (from the bottom up, I presume) & it looks to be now well clear of fib 62. Hence, breaking out of range but not breaking out! Oh, it's goin' again <g> I like Clint's bouncing ball; must make it really difficult for anyone to assess where the market is going. Dorothy

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