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Politics : Idea Of The Day

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To: Jerry Olson who wrote (32855)9/11/2000 4:35:39 PM
From: Chip McVickar  Read Replies (1) of 50167
 
Okay OJ....,

I'm looking for 3500 by Sept 9th...5-6 days.

The Nasdaq "M" is in place and the "v" is at 3936.46.
Today we closed at 3896.35.... This is also a 50% retrace from 8/3low-9/1high.

This is a heavily congested area with 3846.98 as the lower shelf of the M.

The market has already broken the first "M" barrier, break this lower area and....!

Chip

What's your cycle buddy suggesting...?
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