John Pitera's Market Laboratory Message Board

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Strategies & Market Trends : John Pitera's Market Laboratory

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To: GROUND ZERO™ who wrote (695)	4/1/2000 5:33:00 PM
From: Dan Duchardt	Read Replies (3) of 33421

GZ et al. I've been lurking here the last few days, taking some comfort from what I've been reading about the reversal signals, and was delighted to see the rally set in yesterday to reward me for holding on and adding to some long positions. I've been a bit surprised by the apparent absence here of any consideration of the Nasdaq 100 (NDX.X), which bounced solidly off the 50dma both Thursday and Friday. tscn.com I don't see any of that "M" structure Chip has been talking about for the Nasdaq composite, and it appears to me there is a remarkable similarity to the pattern extending from mid December through January where NDX.X last tested its 50dma. Does NDX.X hold any interest for you folks? Dan

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