Ask DrBob Message Board - Msg: 14394679

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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject	9/15/2000 8:14:20 PM
From: Bobber1234	Read Replies (2) of 100058

Just an observation..... ...but the media is really only talking about the NAZ tanking.. Anyone looked at the $indu chart lately? The daily looks real sick and the weekly is just staring to turn down.... I think it's gonna' get real ugly on the $indu side of the fence, especially if some of the tech Generals fall through key support levels. The NAZ seems to have found support, if only temporarily, at 3800 which is on or near the 20dma & 50dma on my weekly chart. The last time we fell through the 50 dma we got our key reversal. Can we do it again? God, I hope so......

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