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Strategies & Market Trends : Charts for Quick CASH $$$

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To: N/E PATSFAN who wrote (8977)	9/19/2000 9:50:16 AM
From: Galirayo	Read Replies (1) of 9262

[ Bear & Bull ] NEPF .. Other Thoughts. The last 10 days on the COMPX DO Qualify as an 8 to 10 New Price Low... even after the bounce it did last week. There were no White Reversal candles in the mix. Where we go from here ?? Beats the heck out of me. I looked and looked at the Charts last nite over all time frames. Went to monthly even. I found nothing of substance. ... Nothing I could stick my horns in. Other than that 8 to 10 NPL and the oversold condition. So maybe a ST Bounce that will get sold into. Then we'll find a Bottom??? If we do get a decent bounce here keep a close watch to see what happens when the NAZ encounters the MAs .. 50 .. 100 & 200. home.att.net >>>===> The retracement targets can be projected for the Nasdaq Composite index, which is displayed in the next chart. Nasdaq closed today at 3726.52. The normal retracement 3803 was exceeded today and the uptrending support line was violated.The next most probable target is the 1.618 retracement which projects to 3065, as shown in the chart below. This is very close to the April low. home.att.net Wow ! I counted the Waves like this guy did. home.att.net Nice Site! Ray

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