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Non-Tech : The Critical Investing Workshop

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To: Voltaire who wrote (11130)4/5/2000 1:02:00 PM
From: Jim Willie CB  Read Replies (4) of 35685
 
TA perspective on NazComp just heard on CNNfn
I like CNNfn, and find it competent, without personalities, good interviews

NazComp needs to remain about 4450
that must be some 5/8 retracement level from 5150 back to 4000
regard 4000 as the last milestone with a pause

if Naz can regain composure at/above 4450, then bull was sitting, eating, resting, defecating
if Naz lingers below 4450, then bull might be giving way to bear
it all focuses upon the reflex rally and its power
we will be due for reflex rally in next two weeks

if Naz favorites sell off at earnings, with investors taking the opportunity to sell the news, then techs are in trouble

/ Jim Willie
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