Idea Of The Day Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Idea Of The Day

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: IQBAL LATIF who wrote (32939)	9/11/2000 2:20:23 PM
From: James Strauss	Read Replies (3) of 50167

NDX On Downward Slope... ************************ Ike: Note the descending NDX price peaks in the last 10 days... bigcharts.com We tested the 3750 support area successfully today, but have started to slip back towards that area again... We'll either see a bounce off the 3750 area again or a retest of the 3600 area... bigcharts.com The worst case scenario is a retest of the 3600 area... That's just 5% to 6% away from current levels, and sets up a bullish double bottom scenario... With interest rates not an issue for a while, or until they're cut, the odds favor the upside once we have a successful bottom test**... Jim

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next