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Pastimes : Trading the markets.....

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To: wmwmw who wrote (1)10/6/2000 12:43:13 PM
From: Rarebird  Read Replies (1) of 4583
 
GZ, Good Luck on your new thread. It sure looks like the NAZ wants to retest the April/May lows here. A successful retest could propel the NAZ sharpely higher by the end of the year.

To sell off today on such good news is just typical Bear Market Action. It makes one wonder if the lows from April/May will be broken on a closing basis. If so, we will see capitulation then and a Bear Rally shortly afterwards.

Do you think the NAZ closes below the Spring lows?
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