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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket.
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To: James F. Hopkins who wrote (1672)4/26/2000 8:51:00 AM
From: Les H  Read Replies (2) of 2103
 
I have trendline resistance around 3830 and 3970 for NDX and COMP, respectively. Since Wilder RSI has broken its downtrend, I expect that the markets will now base in the range peaking near and perhaps above the recent reaction highs such as 3750 on the NDX.

I'm surprised the Nasdaq could fall as much as it has without the heavy mutual fund selling.
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