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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Magnatizer who wrote (37284)10/9/2000 8:26:58 AM
From: ChrisJP  Read Replies (1) of 79162
 
Hi Magnetizer, thanks for the update.

I guess I'm gonna take the simplistic viewpoint as represented by this weekly Nasdaq Composite Chart:

siliconinvestor.com

My reading of it says we may see continued weakness for 2 - 3 more weeks. I think I will wait until William%R starts to head back into the 50ish range. Since this index moves around so much, I will also be keeping a watch on the daily charts too.

Regards,
Chris
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