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Politics : Idea Of The Day

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To: Jerry Olson who wrote (33217)	9/19/2000 6:31:18 AM
From: GROUND ZERO™	Read Replies (1) of 50167

I think until we take out the early August lows in the NAZ, that the major trend is still higher... a 6 week trading cycle low is due in this time frame and I think we may have seen it yesterday... today is all the NAZ will get from me if it fails..... Here, take a look at the simple trend line from the mid May and early August lows... charts3.barchart.com yesterday's price action dipped below it and then closed above it... this morning, so far anyway, it's moving higher... I think if it fails today, it's a whole other ball game... but, if we move up from here, I think we may be looking at a major trading cycle low right now and we could see a recover from these levels soon enough..... today will tell the story of the tape.....<g> GZ

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