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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Patrick Slevin who wrote (41058)4/18/2000 9:13:00 AM
From: Carl R.  Read Replies (1) of 44573
 
Hmm, you think so? I'm not sure how this affects the analysis, but actually they are tea stains. I've heard of reading tea leaves, but not tea stains....

The DOT did go down yesterday to 660 intraday, by the way. At this point it will have to re-test that low before it can attempt to bounce a bit, and when it does bounce I'd expect it to bounce around between 660 and 800 for awhile, with some stocks rising, and others continuing to fall.

Even if I am correct, the struggles of the DOT will not flow over to the Nasdaq anymore because it should be done making major moves for awhile.

Carl
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