Play It On Paper- Clappy's Newbie Option Thread Message Board

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Pastimes : Play It On Paper- Clappy's Newbie Option Thread

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To: David Cecil who wrote (111)	7/31/2000 6:44:34 PM
From: Clappy	Read Replies (1) of 176

Clappy, do you think Nasdaq may touch the lows of May? Definitely. I think it has to test the lows in order to climb higher. I am hoping that it finds a new bottom that is higher than the one formed in May. The Naz has yet to completely fill the gap at 3600 range. In addition, today's bounce was without large volume. I'm guessing that the Naz bounce could possibly travel to 3900 at the very most. I actually believe that 3800 would be more realistic. As we get further into August I think we will sink down to the 3300 range. It's just my opinion and I'm still far from being good with TA. I still have a lot of learning to do. We'll see.

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