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Strategies & Market Trends : Trader J's Inner Circle
NVDA 183.74-0.7%3:59 PM EST

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To: LTK007 who wrote (35489)10/7/2000 8:34:36 AM
From: Softechie  Read Replies (1) of 56535
 
Based on this trend line on Nasdaq: low 7/96 and low 8/99.

1) A crash occurred from 7/98 to 10/98.
2) A bull market from 10/99 to 3/00.
3) A major correction taking place since then.
4) Support at 3000.

I agree with JT that 3000 is the critical point for Nasdaq.
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